Paysafe Group Plc (OPAY) Stock Rating Reaffirmed by Canaccord Genuity
Paysafe Group Plc (LON:OPAY)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued on Tuesday, StockTargetPrices.com reports. They currently have a GBX 508 ($6.63) price objective on the stock. Canaccord Genuity’s price objective suggests a potential upside of 31.47% from the stock’s previous close.
A number of other equities research analysts have also recently commented on the company. Barclays PLC reiterated an “overweight” rating and set a GBX 560 ($7.31) target price on shares of Paysafe Group Plc in a research note on Wednesday, September 7th. Deutsche Bank AG reissued a “buy” rating and issued a GBX 550 ($7.18) price objective on shares of Paysafe Group Plc in a report on Tuesday, September 6th. BNP Paribas reissued an “outperform” rating and issued a GBX 535 ($6.98) price objective on shares of Paysafe Group Plc in a report on Wednesday, August 17th. Morgan Stanley lifted their price objective on Paysafe Group Plc from GBX 500 ($6.53) to GBX 560 ($7.31) and gave the stock an “overweight” rating in a report on Friday, August 12th. Finally, Citigroup Inc. reissued a “buy” rating and issued a GBX 510 ($6.66) price objective on shares of Paysafe Group Plc in a report on Thursday, May 26th. Seven analysts have rated the stock with a buy rating, Paysafe Group Plc currently has an average rating of “Buy” and a consensus price target of GBX 528.57 ($6.90).
Paysafe Group Plc (LON:OPAY) opened at 386.40 on Tuesday. The stock has a 50 day moving average of GBX 0.00 and a 200-day moving average of GBX 0.00. Paysafe Group Plc has a 12-month low of GBX 215.00 and a 12-month high of GBX 439.50.
Paysafe Group Plc Company Profile
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.
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