Liberum Capital Reaffirms “Buy” Rating for Paypoint (PAY)

Paypoint (LON:PAY)‘s stock had its “buy” rating restated by research analysts at Liberum Capital in a note issued to investors on Thursday, November 30th. They presently have a GBX 980 ($13.10) price target on the stock. Liberum Capital’s price target suggests a potential upside of 7.34% from the company’s current price.

PAY has been the topic of a number of other reports. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,162 ($15.54) price target on shares of Paypoint in a report on Tuesday, November 28th. Jefferies Group reaffirmed a “buy” rating and set a GBX 1,200 ($16.04) price target on shares of Paypoint in a report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of GBX 1,062.50 ($14.21).

Shares of Paypoint (LON:PAY) traded down GBX 6.50 ($0.09) during trading hours on Thursday, hitting GBX 913 ($12.21). The stock had a trading volume of 66,461 shares, compared to its average volume of 84,641. The company has a market capitalization of $620.72 and a P/E ratio of 1,049.43. Paypoint has a 1 year low of GBX 835.50 ($11.17) and a 1 year high of GBX 1,098 ($14.68).

Paypoint (LON:PAY) last announced its quarterly earnings results on Thursday, November 30th. The company reported GBX 29.10 ($0.39) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of GBX 28.80 ($0.39) by GBX 0.30 ($0.00). The firm had revenue of GBX 9,759 million for the quarter. Paypoint had a return on equity of 60.87% and a net margin of 20.29%.

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About Paypoint

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.

Analyst Recommendations for Paypoint (LON:PAY)

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