Paysafe Group Plc’s (PAYS) Buy Rating Reiterated at Canaccord Genuity
Paysafe Group Plc (LON:PAYS)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a report released on Tuesday. They currently have a GBX 460 ($6.00) target price on the stock. Canaccord Genuity’s price target indicates a potential upside of 2.22% from the stock’s current price.
A number of other research firms have also recently issued reports on PAYS. BNP Paribas reissued an “outperform” rating and issued a GBX 450 ($5.87) target price on shares of Paysafe Group Plc in a research note on Wednesday, April 13th. Berenberg Bank reissued a “buy” rating and issued a GBX 477 ($6.23) target price on shares of Paysafe Group Plc in a research note on Thursday, May 26th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 500 ($6.53) target price on shares of Paysafe Group Plc in a research note on Thursday, May 26th. Barclays PLC reissued an “overweight” rating and issued a GBX 560 ($7.31) target price on shares of Paysafe Group Plc in a research note on Thursday, April 14th. Finally, Citigroup Inc. reissued a “buy” rating and issued a GBX 510 ($6.66) target price on shares of Paysafe Group Plc in a research note on Thursday, May 26th. Seven investment analysts have rated the stock with a buy rating, Paysafe Group Plc currently has an average rating of “Buy” and an average target price of GBX 528.57 ($6.90).
Shares of Paysafe Group Plc (LON:PAYS) traded down 0.618372% on Tuesday, reaching GBX 449.903015. The company’s stock had a trading volume of 3,497,283 shares. The company’s 50 day moving average is GBX 443.36 and its 200-day moving average is GBX 404.81. Paysafe Group Plc has a 1-year low of GBX 279.75 and a 1-year high of GBX 470.70. The firm’s market cap is GBX 2.17 billion.
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About Paysafe Group Plc
Paysafe Group plc (Paysafe), formerly Optimal Payments Plc, is a United Kingdom-based provider of digital payments and transaction-related solutions to businesses and consumers across the world. The Company’s segments are Digital Wallets, Payment Processing and Prepaid. The Company’s Digital Wallets segments’ fees are generated from transactions between members and merchants using the NETELLER service and Net+ prepaid cards, and the Skrill and Skrill prepaid cards.
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