Paypoint (PAY) Price Target Raised to GBX 1,226 at JPMorgan Chase & Co.
Paypoint (LON:PAY) had its price objective increased by JPMorgan Chase & Co. from GBX 1,183 ($15.46) to GBX 1,226 ($16.02) in a report released on Wednesday morning, ThisIsMoney.Co.Uk reports. They currently have an overweight rating on the stock.
Several other analysts have also recently weighed in on the stock. Jefferies Financial Group reiterated a buy rating on shares of Paypoint in a research note on Tuesday, April 9th. Liberum Capital reiterated a buy rating on shares of Paypoint in a research note on Thursday, January 24th.
Paypoint stock traded down GBX 12 ($0.16) during midday trading on Wednesday, hitting GBX 1,002 ($13.09). The company’s stock had a trading volume of 10,253 shares, compared to its average volume of 62,880. Paypoint has a 1-year low of GBX 739 ($9.66) and a 1-year high of GBX 1,076 ($14.06). The company has a quick ratio of 0.93, a current ratio of 0.96 and a debt-to-equity ratio of 13.14. The stock has a market capitalization of $684.73 million and a price-to-earnings ratio of 15.71.
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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