Citigroup Inc. reiterated their buy rating on shares of PayPal Holdings, Inc. (NASDAQ:PYPL) in a research report report published on Friday morning. Citigroup Inc. currently has a $87.00 price target on the credit services provider’s stock.

PYPL has been the topic of several other research reports. KeyCorp reissued an overweight rating and set a $85.00 price objective (up previously from $80.00) on shares of PayPal Holdings in a research note on Friday. Vetr raised shares of PayPal Holdings from a hold rating to a buy rating and set a $60.76 price objective on the stock in a research note on Thursday, August 10th. Goldman Sachs Group, Inc. (The) reissued a conviction-buy rating and set a $72.00 price objective (up previously from $60.00) on shares of PayPal Holdings in a research note on Thursday, July 27th. Robert W. Baird reissued an outperform rating and set a $65.00 price objective (up previously from $59.00) on shares of PayPal Holdings in a research note on Thursday, July 27th. Finally, Susquehanna Bancshares Inc reissued a positive rating and set a $75.00 price objective (up previously from $67.00) on shares of PayPal Holdings in a research note on Friday, September 29th. Ten investment analysts have rated the stock with a hold rating, thirty-three have assigned a buy rating and two have given a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus price target of $72.64.

PayPal Holdings (NASDAQ PYPL) opened at $76.38 on Friday. The stock has a market cap of $91,801.88, a PE ratio of 54.56, a PEG ratio of 3.31 and a beta of 1.03. PayPal Holdings has a one year low of $38.06 and a one year high of $78.01.

PayPal Holdings (NASDAQ:PYPL) last issued its earnings results on Thursday, October 19th. The credit services provider reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $3.24 billion for the quarter, compared to analyst estimates of $3.18 billion. PayPal Holdings had a net margin of 12.69% and a return on equity of 11.33%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.35 EPS. equities analysts predict that PayPal Holdings will post 1.37 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in PYPL. San Francisco Sentry Investment Group CA boosted its stake in PayPal Holdings by 352.8% in the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock worth $100,000 after purchasing an additional 1,217 shares during the period. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of PayPal Holdings during the 3rd quarter valued at about $113,000. Kistler Tiffany Companies LLC lifted its position in PayPal Holdings by 511.9% in the 3rd quarter. Kistler Tiffany Companies LLC now owns 2,013 shares of the credit services provider’s stock worth $129,000 after buying an additional 1,684 shares during the last quarter. Archford Capital Strategies LLC lifted its position in PayPal Holdings by 65.4% in the 1st quarter. Archford Capital Strategies LLC now owns 3,241 shares of the credit services provider’s stock worth $139,000 after buying an additional 1,281 shares during the last quarter. Finally, Balentine LLC increased its stake in PayPal Holdings by 28.7% in the 1st quarter. Balentine LLC now owns 3,494 shares of the credit services provider’s stock worth $150,000 after purchasing an additional 780 shares during the period. 82.77% of the stock is owned by institutional investors.

PayPal Holdings Company Profile

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

Analyst Recommendations for PayPal Holdings (NASDAQ:PYPL)

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