PayPal Holdings, Inc. (PYPL) Price Target Increased to $88.00 by Analysts at Deutsche Bank AG
PayPal Holdings, Inc. (NASDAQ:PYPL) had its price target hoisted by research analysts at Deutsche Bank AG to $88.00 in a research note issued to investors on Friday. The brokerage currently has a “buy” rating on the credit services provider’s stock. Deutsche Bank AG’s price objective would suggest a potential upside of 15.46% from the company’s current price.
Other analysts also recently issued reports about the company. Citigroup Inc. restated a “buy” rating and issued a $67.00 price objective (up from $62.00) on shares of PayPal Holdings in a report on Thursday, July 27th. Canaccord Genuity restated a “hold” rating and issued a $66.00 price objective on shares of PayPal Holdings in a report on Thursday. Robert W. Baird increased their price objective on PayPal Holdings from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Thursday. Vetr downgraded PayPal Holdings from a “buy” rating to a “hold” rating and set a $78.63 price objective for the company. in a report on Friday. Finally, KeyCorp restated an “overweight” rating and issued a $85.00 price objective (up from $80.00) on shares of PayPal Holdings in a report on Friday. Eleven investment analysts have rated the stock with a hold rating, thirty-two have assigned a buy rating and two have assigned a strong buy rating to the stock. PayPal Holdings presently has a consensus rating of “Buy” and a consensus price target of $72.18.
PayPal Holdings (NASDAQ:PYPL) traded down $1.48 during midday trading on Friday, reaching $76.22. The company had a trading volume of 4,963,692 shares, compared to its average volume of 7,619,444. The firm has a market capitalization of $92,050.00 and a P/E ratio of 52.45. PayPal Holdings has a 1-year low of $38.06 and a 1-year high of $77.94.
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Several large investors have recently bought and sold shares of the stock. Appropriate Balance Financial Services Inc. purchased a new position in PayPal Holdings in the 1st quarter valued at approximately $13,196,000. San Francisco Sentry Investment Group CA grew its stake in PayPal Holdings by 352.8% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock valued at $100,000 after buying an additional 1,217 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new position in PayPal Holdings in the 3rd quarter valued at approximately $113,000. Kistler Tiffany Companies LLC grew its stake in PayPal Holdings by 511.9% in the 3rd quarter. Kistler Tiffany Companies LLC now owns 2,013 shares of the credit services provider’s stock valued at $129,000 after buying an additional 1,684 shares in the last quarter. Finally, Thompson Davis & CO. Inc. grew its stake in PayPal Holdings by 36.7% in the 1st quarter. Thompson Davis & CO. Inc. now owns 2,415 shares of the credit services provider’s stock valued at $104,000 after buying an additional 649 shares in the last quarter. 83.08% of the stock is currently owned by institutional investors.
PayPal Holdings Company Profile
PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.
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