Paysafe Group Plc (PAYS) Given Average Recommendation of “Buy” by Analysts
Paysafe Group Plc (LON:PAYS) has been given a consensus rating of “Buy” by the eight brokerages that are currently covering the firm. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 537.86 ($6.94).
PAYS has been the topic of a number of analyst reports. Deutsche Bank AG restated a “buy” rating and set a GBX 550 ($7.10) target price on shares of Paysafe Group Plc in a research report on Wednesday, January 11th. Barclays PLC restated an “overweight” rating and set a GBX 610 ($7.88) target price on shares of Paysafe Group Plc in a research report on Friday, February 3rd. BNP Paribas restated an “outperform” rating and set a GBX 515 ($6.65) target price on shares of Paysafe Group Plc in a research report on Wednesday, March 8th. Morgan Stanley restated an “overweight” rating on shares of Paysafe Group Plc in a research report on Friday, January 27th. Finally, Macquarie cut Paysafe Group Plc to a “neutral” rating and set a GBX 480 ($6.20) target price on the stock. in a research report on Wednesday, April 19th.
Paysafe Group Plc (LON:PAYS) traded down 0.78% during mid-day trading on Friday, reaching GBX 457.90. The company’s stock had a trading volume of 3,569,018 shares. The company’s market capitalization is GBX 2217.59 billion. Paysafe Group Plc has a one year low of GBX 229.21 and a one year high of GBX 474.40. The stock has a 50-day moving average price of GBX 460.15 and a 200-day moving average price of GBX 414.03.
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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