Paysafe Group Plc (PAYS) Receives Consensus Rating of “Buy” from Analysts
Shares of Paysafe Group Plc (LON:PAYS) have earned a consensus rating of “Buy” from the seven analysts that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 589.40 ($7.78).
PAYS has been the topic of several analyst reports. Canaccord Genuity cut shares of Paysafe Group Plc from a “buy” rating to a “hold” rating in a research report on Thursday, August 31st. Barclays PLC reissued an “overweight” rating and set a GBX 700 ($9.24) price target on shares of Paysafe Group Plc in a research report on Wednesday, August 9th. Finally, Macquarie boosted their price target on shares of Paysafe Group Plc from GBX 480 ($6.33) to GBX 590 ($7.79) and gave the stock a “neutral” rating in a research report on Monday, July 24th.
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Paysafe Group Plc (LON PAYS) opened at 586.00 on Wednesday. The firm’s 50-day moving average is GBX 583.85 and its 200 day moving average is GBX 540.96. Paysafe Group Plc has a 52-week low of GBX 229.21 and a 52-week high of GBX 600.50. The firm’s market capitalization is GBX 2.84 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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