Paypoint’s (PAY) “Buy” Rating Reaffirmed at Liberum Capital

Paypoint (LON:PAY)‘s stock had its “buy” rating reiterated by Liberum Capital in a research note issued on Thursday. They presently have a GBX 980 ($13.29) price objective on the stock. Liberum Capital’s price target would suggest a potential upside of 12.64% from the company’s previous close.

A number of other equities research analysts have also issued reports on the stock. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 1,162 ($15.76) target price on shares of Paypoint in a report on Tuesday, November 28th. Jefferies Group reaffirmed a “buy” rating and set a GBX 1,200 ($16.27) target price on shares of Paypoint in a report on Thursday, November 16th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,085 ($14.71).

Shares of Paypoint (LON:PAY) opened at GBX 870 ($11.80) on Thursday. Paypoint has a 1-year low of GBX 763.73 ($10.36) and a 1-year high of GBX 1,098 ($14.89). The stock has a market cap of $593.11 and a price-to-earnings ratio of 1,000.00.

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

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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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