Paysafe Group Plc (PAYS) Given “Overweight” Rating at Barclays PLC
Paysafe Group Plc (LON:PAYS)‘s stock had its “overweight” rating restated by equities research analysts at Barclays PLC in a research note issued to investors on Monday. They presently have a GBX 560 ($6.83) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 23.29% from the company’s previous close.
A number of other analysts also recently issued reports on PAYS. Canaccord Genuity reissued a “buy” rating and set a GBX 460 ($5.61) price target on shares of Paysafe Group Plc in a report on Thursday, August 11th. Deutsche Bank AG upped their price objective on shares of Paysafe Group Plc from GBX 500 ($6.09) to GBX 550 ($6.70) and gave the stock a “buy” rating in a research report on Thursday, August 11th. Morgan Stanley upped their price objective on shares of Paysafe Group Plc from GBX 500 ($6.09) to GBX 560 ($6.83) and gave the stock an “overweight” rating in a research report on Friday, August 12th. Finally, BNP Paribas restated an “outperform” rating and set a GBX 510 ($6.22) price objective on shares of Paysafe Group Plc in a research report on Monday, June 27th. Seven analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus target price of GBX 528.57 ($6.44).
Paysafe Group Plc (LON:PAYS) traded down 0.39% during trading on Monday, hitting GBX 454.20. 2,142,099 shares of the company were exchanged. The company’s market capitalization is GBX 2.19 billion. The stock’s 50-day moving average is GBX 446.93 and its 200-day moving average is GBX 405.99. Paysafe Group Plc has a 12 month low of GBX 279.75 and a 12 month high of GBX 470.70.
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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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