Shares of Paysafe Group Plc (LON:PAYS) have been given an average rating of “Buy” by the seven ratings firms that are currently covering the stock. Seven equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is GBX 528.57 ($6.90).
PAYS has been the topic of a number of research reports. Morgan Stanley raised their price objective on Paysafe Group Plc from GBX 500 ($6.53) to GBX 560 ($7.31) and gave the stock an “overweight” rating in a report on Friday, August 12th. Barclays PLC reiterated an “overweight” rating and issued a GBX 560 ($7.31) target price on shares of Paysafe Group Plc in a research note on Friday, July 29th. Canaccord Genuity reiterated a “buy” rating and issued a GBX 508 ($6.63) target price on shares of Paysafe Group Plc in a research note on Tuesday, September 20th. Deutsche Bank AG increased their target price on Paysafe Group Plc from GBX 500 ($6.53) to GBX 550 ($7.18) and gave the company a “buy” rating in a research note on Thursday, August 11th. Finally, BNP Paribas reiterated an “outperform” rating and issued a GBX 125 ($1.63) target price on shares of Paysafe Group Plc in a research note on Friday, July 22nd.
Paysafe Group Plc (LON:PAYS) traded up 1.97% during midday trading on Monday, reaching GBX 454.90. The company had a trading volume of 2,507,498 shares. Paysafe Group Plc has a 12 month low of GBX 279.75 and a 12 month high of GBX 458.73. The firm’s 50-day moving average price is GBX 437.28 and its 200 day moving average price is GBX 403.24. The firm’s market capitalization is GBX 2.19 billion.
Paysafe Group Plc Company Profile
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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