Paypal Holdings Inc (PYPLV) Given “Hold” Rating at Canaccord Genuity
Canaccord Genuity reiterated their hold rating on shares of Paypal Holdings Inc (NASDAQ:PYPLV) in a report released on Monday morning. They currently have a $40.00 target price on the stock, down from their previous target price of $45.00.
Other equities analysts have also recently issued research reports about the stock. Needham & Company LLC reissued a hold rating on shares of Paypal Holdings in a research report on Friday, May 27th. Craig Hallum reaffirmed a buy rating and issued a $52.00 price target on shares of Paypal Holdings in a report on Friday. Oppenheimer Holdings Inc. reaffirmed an outperform rating and issued a $42.00 price target on shares of Paypal Holdings in a report on Friday, June 17th. Finally, Stephens reaffirmed an overweight rating on shares of Paypal Holdings in a report on Sunday, July 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus price target of $43.94.
Paypal Holdings (NASDAQ:PYPLV) opened at 38.39 on Monday. Paypal Holdings has a 12 month low of $33.98 and a 12 month high of $40.20. The firm has a 50-day moving average price of $36.55 and a 200 day moving average price of $36.55.
Paypal Holdings Company Profile
PayPal Holdings, Inc (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world. The Company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions.
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