Paysafe Group Plc (LON:PAYS)‘s stock had its “overweight” rating restated by equities researchers at Barclays PLC in a research note issued on Monday. They presently have a GBX 560 ($6.83) target price on the stock. Barclays PLC’s price objective would indicate a potential upside of 21.48% from the stock’s previous close.
Other equities analysts have also issued reports about the company. Canaccord Genuity restated a “buy” rating and set a GBX 460 ($5.61) price target on shares of Paysafe Group Plc in a research report on Thursday, August 11th. Morgan Stanley raised their price target on Paysafe Group Plc from GBX 500 ($6.09) to GBX 560 ($6.83) and gave the stock an “overweight” rating in a research report on Friday, August 12th. BNP Paribas restated an “outperform” rating and set a GBX 510 ($6.22) price target on shares of Paysafe Group Plc in a research report on Monday, June 27th. Finally, Deutsche Bank AG restated a “buy” rating and set a GBX 500 ($6.09) price target on shares of Paysafe Group Plc in a research report on Monday, August 1st. Seven investment analysts have rated the stock with a buy rating, Paysafe Group Plc currently has an average rating of “Buy” and an average price target of GBX 528.57 ($6.44).
Paysafe Group Plc (LON:PAYS) opened at 469.20 on Monday. The firm’s market capitalization is GBX 2.26 billion. Paysafe Group Plc has a 12 month low of GBX 279.75 and a 12 month high of GBX 471.80. The stock’s 50 day moving average price is GBX 446.98 and its 200-day moving average price is GBX 406.28.
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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