Paypoint plc (PAY) Insider Acquires £1,376.10 in Stock

Paypoint plc (LON:PAY) insider Rachel Kentleton purchased 139 shares of the firm’s stock in a transaction dated Wednesday, March 22nd. The stock was purchased at an average cost of GBX 990 ($12.44) per share, with a total value of £1,376.10 ($1,729.42).

Shares of Paypoint plc (LON:PAY) opened at 1015.00 on Tuesday. The company has a 50-day moving average of GBX 987.56 and a 200 day moving average of GBX 1,007.84. Paypoint plc has a 52-week low of GBX 700.00 and a 52-week high of GBX 1,176.51. The company’s market capitalization is GBX 691.32 million.

Insider Buying and Selling by Quarter for Paypoint plc (LON:PAY)

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Several brokerages have recently issued reports on PAY. Liberum Capital decreased their price target on shares of Paypoint plc from GBX 1,150 ($14.45) to GBX 1,110 ($13.95) and set a “buy” rating for the company in a report on Thursday, January 26th. Canaccord Genuity reissued a “buy” rating and issued a GBX 1,162 ($14.60) price target on shares of Paypoint plc in a report on Friday, December 16th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 950 ($11.94) price target on shares of Paypoint plc in a report on Friday, December 16th. JPMorgan Chase & Co. boosted their price target on shares of Paypoint plc from GBX 1,060 ($13.32) to GBX 1,069 ($13.43) and gave the company an “overweight” rating in a report on Wednesday, January 4th. Finally, Barclays PLC reaffirmed an “underweight” rating and issued a GBX 950 ($11.94) price objective on shares of Paypoint plc in a research report on Tuesday, January 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of GBX 1,081.83 ($13.60).

About Paypoint plc

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.

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