Canaccord Genuity Reiterates “Buy” Rating for Paysafe Group Plc (PAYS)
Paysafe Group Plc (LON:PAYS)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity in a note issued to investors on Tuesday. They presently have a GBX 508 ($6.63) price target on the stock. Canaccord Genuity’s price objective indicates a potential upside of 14.13% from the company’s previous close.
Several other brokerages also recently weighed in on PAYS. Deutsche Bank AG reiterated a “buy” rating and issued a GBX 550 ($7.18) price target on shares of Paysafe Group Plc in a report on Tuesday, September 6th. Barclays PLC reiterated an “overweight” rating and issued a GBX 560 ($7.31) price target on shares of Paysafe Group Plc in a report on Wednesday, September 7th. BNP Paribas reiterated an “outperform” rating and issued a GBX 535 ($6.98) price target on shares of Paysafe Group Plc in a report on Wednesday, August 17th. Berenberg Bank reiterated a “buy” rating and issued a GBX 477 ($6.23) price target on shares of Paysafe Group Plc in a report on Thursday, May 26th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a GBX 510 ($6.66) price target on shares of Paysafe Group Plc in a report on Thursday, May 26th. Seven research analysts have rated the stock with a buy rating, Paysafe Group Plc currently has an average rating of “Buy” and an average target price of GBX 528.57 ($6.90).
Shares of Paysafe Group Plc (LON:PAYS) opened at 454.60 on Tuesday. Paysafe Group Plc has a 1-year low of GBX 279.75 and a 1-year high of GBX 455.20. The stock’s market cap is GBX 2.19 billion. The company’s 50-day moving average is GBX 423.84 and its 200-day moving average is GBX 400.55.
About Paysafe Group Plc
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.
Receive News & Ratings for Paysafe Group Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paysafe Group Plc and related companies with MarketBeat.com's FREE daily email newsletter.