PAY has been the topic of a number of other research reports. Canaccord Genuity upped their target price on shares of Paypoint plc from GBX 1,035 ($13.51) to GBX 1,063 ($13.88) and gave the stock a buy rating in a report on Monday, June 6th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 890 ($11.62) price objective on shares of Paypoint plc in a research report on Thursday, June 30th. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 877 ($11.45) price objective on shares of Paypoint plc in a research report on Friday, July 29th. Jefferies Group reaffirmed a buy rating and issued a GBX 1,250 ($16.32) price objective on shares of Paypoint plc in a research report on Thursday. Finally, Numis Securities Ltd reaffirmed a hold rating and issued a GBX 879 ($11.47) price objective on shares of Paypoint plc in a research report on Thursday, July 28th. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 998.86 ($13.04).
Paypoint plc (LON:PAY) traded up 5.43% during midday trading on Friday, hitting GBX 1088.00. 16,559 shares of the stock were exchanged. 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 1-year low of GBX 700.00 and a 1-year high of GBX 1,103.00. The firm’s market capitalization is GBX 740.84 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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