Credit Agricole SA set a $38.00 price target on Paypal Holdings Inc. (NASDAQ:PYPL) in a report issued on Thursday. The brokerage currently has a a sell rating on the stock.

Several other analysts have also recently weighed in on the company. Credit Suisse Group AG lifted their price objective on Paypal Holdings from $42.00 to $43.00 and gave the company an outperform rating in a research report on Friday, July 22nd. Robert W. Baird reaffirmed an outperform rating and set a $48.00 price objective on shares of Paypal Holdings in a research report on Sunday, July 24th. Royal Bank Of Canada reaffirmed a buy rating on shares of Paypal Holdings in a research report on Tuesday, July 12th. Vetr cut Paypal Holdings from a strong-buy rating to a buy rating and set a $40.53 price objective on the stock. in a research report on Monday, July 11th. Finally, Barclays PLC cut their price objective on Paypal Holdings from $46.00 to $42.00 and set an overweight rating on the stock in a research report on Thursday, July 7th. Three investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and twenty have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of $43.68.

Shares of Paypal Holdings (NASDAQ:PYPL) opened at 39.69 on Thursday. Paypal Holdings has a 12 month low of $30.30 and a 12 month high of $41.75. The stock has a market capitalization of $46.91 billion, a P/E ratio of 36.08 and a beta of 1.13. The company’s 50 day moving average price is $38.22 and its 200-day moving average price is $38.34.

Paypal Holdings (NASDAQ:PYPL) last posted its quarterly earnings data on Thursday, July 21st. The company reported $0.36 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.36. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.60 billion. Paypal Holdings had a return on equity of 10.60% and a net margin of 13.55%. During the same period in the previous year, the firm posted $0.32 EPS. Equities analysts predict that Paypal Holdings will post $1.50 earnings per share for the current year.

In other news, SVP Tomer Barel sold 5,862 shares of the company’s stock in a transaction dated Thursday, July 28th. The shares were sold at an average price of $37.21, for a total transaction of $218,125.02. Following the sale, the senior vice president now directly owns 27,017 shares in the company, valued at approximately $1,005,302.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP William J. Ready sold 26,037 shares of the company’s stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of $38.04, for a total transaction of $990,447.48. Following the sale, the senior vice president now owns 105,906 shares in the company, valued at $4,028,664.24. The disclosure for this sale can be found here. Insiders own 7.00% of the company’s stock.

Several hedge funds have recently made changes to their positions in the stock. Appropriate Balance Financial Services Inc. purchased a new stake in Paypal Holdings during the first quarter worth $13,196,000. SevenBridge Financial Group LLC purchased a new stake in Paypal Holdings during the second quarter worth $120,000. Feltz Wealth PLAN Inc. purchased a new stake in Paypal Holdings during the second quarter worth $100,000. Global X Management Co. LLC raised its stake in Paypal Holdings by 253.7% in the second quarter. Global X Management Co. LLC now owns 3,445 shares of the company’s stock worth $126,000 after buying an additional 2,471 shares during the period. Finally, Mycio Wealth Partners LLC raised its stake in Paypal Holdings by 35.2% in the second quarter. Mycio Wealth Partners LLC now owns 3,494 shares of the company’s stock worth $128,000 after buying an additional 909 shares during the period. Hedge funds and other institutional investors own 78.77% of the company’s stock.

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.

5 Day Chart for NASDAQ:PYPL

Receive News & Ratings for Paypal Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paypal Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.