Paypoint plc (LON:PAY)‘s stock had its “buy” rating reiterated by investment analysts at Jefferies Group in a report issued on Thursday. They currently have a GBX 1,250 ($16.32) price objective on the stock. Jefferies Group’s target price points to a potential upside of 21.12% from the company’s current price.
A number of other research analysts have also recently commented on the company. JPMorgan Chase & Co. restated a “neutral” rating and set a GBX 877 ($11.45) price target on shares of Paypoint plc in a research note on Friday, July 29th. Barclays PLC restated an “equal weight” rating and set a GBX 890 ($11.62) price target on shares of Paypoint plc in a research note on Thursday, June 30th. Liberum Capital upped their price target on Paypoint plc from GBX 1,000 ($13.05) to GBX 1,100 ($14.36) and gave the stock a “buy” rating in a research note on Wednesday, September 21st. Canaccord Genuity restated a ” buy” rating on shares of Paypoint plc in a research note on Tuesday, June 7th. Finally, Numis Securities Ltd restated a “hold” rating and set a GBX 879 ($11.47) price target on shares of Paypoint plc in a research note on Thursday, July 28th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 998.86 ($13.04).
Shares of Paypoint plc (LON:PAY) opened at 1060.5736 on Thursday. The firm’s 50-day moving average price is GBX 1,009.18 and its 200-day moving average price is GBX 918.63. Paypoint plc has a 12 month low of GBX 700.00 and a 12 month high of GBX 1,071.70. The company’s market capitalization is GBX 722.17 million.
About Paypoint plc
PayPoint plc is a United Kingdom-based holding company. Through its subsidiaries, the Company is engaged in providing clients with specialist consumer payment and other services and products, transaction processing and settlement. It offers payments for everyone from consumer and financial services companies to retailers, utilities, media, gaming and government clients.
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