Paysafe Group Plc (OPAY) Given Average Rating of “Buy” by Brokerages
Shares of Paysafe Group Plc (LON:OPAY) have received an average recommendation of “Buy” from the seven analysts that are presently covering the company. Seven investment analysts have rated the stock with a buy recommendation. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 528.57 ($6.54).
A number of equities analysts have recently issued reports on the stock. BNP Paribas restated an “outperform” rating and set a GBX 535 ($6.62) target price on shares of Paysafe Group Plc in a research report on Wednesday, August 17th. Barclays PLC restated an “overweight” rating and set a GBX 560 ($6.93) target price on shares of Paysafe Group Plc in a research report on Friday, July 29th. Morgan Stanley raised their target price on shares of Paysafe Group Plc from GBX 500 ($6.19) to GBX 560 ($6.93) and gave the stock an “overweight” rating in a research report on Friday, August 12th. Deutsche Bank AG raised their target price on shares of Paysafe Group Plc from GBX 500 ($6.19) to GBX 550 ($6.81) and gave the stock a “buy” rating in a research report on Thursday, August 11th. Finally, Canaccord Genuity restated a “buy” rating and set a GBX 508 ($6.29) target price on shares of Paysafe Group Plc in a research report on Tuesday, September 20th.
Shares of Paysafe Group Plc (LON:OPAY) traded up 1.47% during midday trading on Tuesday, reaching GBX 386.40. 2,032,505 shares of the company traded hands. The stock’s 50-day moving average is GBX 0.00 and its 200-day moving average is GBX 0.00. Paysafe Group Plc has a 1-year low of GBX 215.00 and a 1-year high of GBX 439.50.
Paysafe Group Plc Company Profile
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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