Canaccord Genuity reaffirmed their buy rating on shares of Paypoint (LON:PAY) in a report published on Friday, June 28th, Digital Look reports. Canaccord Genuity currently has a GBX 1,140 ($14.90) price target on the stock.
A number of other research firms have also recently issued reports on PAY. JPMorgan Chase & Co. reiterated a neutral rating on shares of Anglo American in a research report on Wednesday, May 15th. Jefferies Financial Group reiterated a hold rating on shares of COMPASS GRP PLC/S in a research report on Tuesday, April 9th. Liberum Capital decreased their target price on from GBX 545 ($7.12) to GBX 350 ($4.57) and set a buy rating on the stock in a research report on Friday, June 28th. Finally, Barclays set a $60.00 target price on Brown-Forman and gave the company a hold rating in a research report on Friday, June 7th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. Paypoint has a consensus rating of Buy and an average price target of GBX 1,184.67 ($15.48).
Paypoint stock traded down GBX 14 ($0.18) during midday trading on Friday, reaching GBX 903 ($11.80). The company’s stock had a trading volume of 40,787 shares, compared to its average volume of 62,880. Paypoint has a 52 week low of GBX 739 ($9.66) and a 52 week high of GBX 1,158 ($15.13). The company has a current ratio of 0.98, a quick ratio of 0.96 and a debt-to-equity ratio of 13.14. The firm’s 50-day moving average is GBX 999.92. The firm has a market cap of $617.23 million and a PE ratio of 13.94.
In other news, insider Rachel Kentleton sold 2,740 shares of Paypoint stock in a transaction dated Thursday, June 13th. The stock was sold at an average price of GBX 1,057 ($13.81), for a total transaction of £28,961.80 ($37,843.72).
Paypoint Company Profile
PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, Romania, North America, and France. The company offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles and prepaid debit card top-ups, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, broadband, and receipt advertising.
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