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 report issued to clients and investors on Monday. They currently have a GBX 560 ($6.93) price objective on the stock. Barclays PLC’s target price would indicate a potential upside of 22.81% from the company’s previous close.
Several other brokerages also recently issued reports on PAYS. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 550 ($6.81) price target on shares of Paysafe Group Plc in a report on Tuesday, September 6th. Canaccord Genuity reaffirmed a “buy” rating and issued a GBX 508 ($6.29) price target on shares of Paysafe Group Plc in a report on Tuesday, September 20th. BNP Paribas reaffirmed an “outperform” rating and issued a GBX 535 ($6.62) price target on shares of Paysafe Group Plc in a report on Wednesday, August 17th. Finally, Morgan Stanley upped their price target on shares of Paysafe Group Plc from GBX 500 ($6.19) to GBX 560 ($6.93) and gave the company an “overweight” rating in a report on Friday, August 12th. Six investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average price target of GBX 528.57 ($6.54).
Shares of Paysafe Group Plc (LON:PAYS) opened at 453.60 on Monday. The firm’s market cap is GBX 2.18 billion. The stock’s 50 day moving average is GBX 445.78 and its 200-day moving average is GBX 405.89. Paysafe Group Plc has a one year low of GBX 279.75 and a one year high of GBX 470.70.
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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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