Paypoint plc (PAY) Receives “Hold” Rating from Liberum Capital
Paypoint plc (LON:PAY)‘s stock had its “hold” rating reiterated by stock analysts at Liberum Capital in a research note issued to investors on Monday. They currently have a GBX 980 ($12.47) price objective on the stock. Liberum Capital’s target price points to a potential upside of 5.38% from the company’s previous close.
Other analysts have also recently issued research reports about the stock. Jefferies Group LLC restated a “buy” rating and set a GBX 1,200 ($15.26) target price on shares of Paypoint plc in a report on Friday, May 26th. JPMorgan Chase & Co. boosted their target price on shares of Paypoint plc from GBX 1,069 ($13.60) to GBX 1,183 ($15.05) and gave the company an “overweight” rating in a report on Friday, June 16th. Finally, Barclays PLC restated an “underweight” rating and set a GBX 900 ($11.45) target price on shares of Paypoint plc in a report on Friday, May 26th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of GBX 1,062.50 ($13.51).
Paypoint plc (PAY) remained flat at GBX 930.00 on Monday. The company’s stock had a trading volume of 18,724 shares. The company’s market cap is GBX 633.66 million. Paypoint plc has a one year low of GBX 700.00 and a one year high of GBX 1,176.51. The company has a 50 day moving average of GBX 981.55 and a 200 day moving average of GBX 986.31.
The firm also recently announced a dividend, which will be paid on Monday, July 31st. Stockholders of record on Thursday, June 22nd will be issued a dividend of GBX 54.50 ($0.69) per share. This represents a dividend yield of 5.68%. The ex-dividend date is Thursday, June 22nd. This is a boost from Paypoint plc’s previous dividend of $38.90.
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In other news, insider Rachel Kentleton purchased 1,245 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The shares were bought at an average price of GBX 967 ($12.30) per share, for a total transaction of £12,039.15 ($15,313.09). Also, insider Rakesh Sharma purchased 1,082 shares of the company’s stock in a transaction that occurred on Friday, June 9th. The stock was purchased at an average price of GBX 918 ($11.68) per share, for a total transaction of £9,932.76 ($12,633.88). In the last 90 days, insiders have bought 2,365 shares of company stock worth $2,234,595.
About Paypoint plc
PayPoint plc is a United Kingdom-based holding company. The Company’s subsidiaries provide specialist consumer payment, and other services and products, transaction processing and settlement. It offers clients streamlined consumer payment processing and transaction routing in an integrated solution, through MultiPay.
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