Paysafe Group Plc (PAYS) Given Average Recommendation of “Buy” by Brokerages
Paysafe Group Plc (LON:PAYS) has been assigned a consensus rating of “Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 589.40 ($7.61).
Several research analysts have recently issued reports on PAYS shares. Canaccord Genuity lowered shares of Paysafe Group Plc from a “buy” rating to a “hold” rating in a research note on Thursday, August 31st. Macquarie increased their price target on shares of Paysafe Group Plc from GBX 480 ($6.20) to GBX 590 ($7.62) and gave the company a “neutral” rating in a research report on Monday, July 24th. Finally, Barclays PLC reiterated an “overweight” rating on shares of Paysafe Group Plc in a research report on Tuesday, June 6th.
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Paysafe Group Plc (PAYS) opened at 582.00 on Tuesday. The firm’s market capitalization is GBX 2.82 billion. The firm’s 50-day moving average is GBX 585.12 and its 200-day moving average is GBX 506.43. Paysafe Group Plc has a 1-year low of GBX 229.21 and a 1-year high of GBX 600.50.
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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