Goldman Sachs Group initiated coverage on shares of Afterpay (OTCMKTS:NEAPF) in a report issued on Tuesday morning, The Fly reports. The brokerage issued a buy rating on the stock.

OTCMKTS NEAPF opened at $1.38 on Tuesday. Afterpay has a 12-month low of $1.11 and a 12-month high of $3.00.

About Afterpay

Nearmap Ltd provides online aerial photomapping services in Australia, New Zealand, and North America. Its solutions are used in the architecture and engineering, construction, insurance, rail, property, roofing, solar, telco, transport, and utilities, as well as government industries. The company was formerly known as ipernica ltd and changed its name to Nearmap Ltd in November 2012.

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