Paysafe Group Plc (OPAY) Given Consensus Recommendation of “Buy” by Brokerages
Shares of Paysafe Group Plc (LON:OPAY) have earned an average recommendation of “Buy” from the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is GBX 581 ($7.50).
OPAY has been the subject of several research analyst reports. Macquarie increased their price objective 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. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 700 ($9.04) price objective on shares of Paysafe Group Plc in a research report on Wednesday, August 9th.
Paysafe Group Plc (LON:OPAY) opened at 386.40 on Friday. Paysafe Group Plc has a one year low of GBX 215.00 and a one year high of GBX 439.50.
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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