Adyen (OTCMKTS:ADYEY) Receives Average Recommendation of “Hold” from Brokerages

Adyen (OTCMKTS:ADYEY) has been given an average recommendation of “Hold” by the sixteen analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and nine have issued a buy recommendation on the company.

Several research analysts have recently commented on ADYEY shares. Compass Point reiterated a “neutral” rating on shares of Adyen in a research report on Friday, August 20th. They noted that the move was a valuation call. Morgan Stanley restated an “overweight” rating on shares of Adyen in a research report on Friday, August 20th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Adyen in a research report on Friday, August 20th. UBS Group restated a “buy” rating on shares of Adyen in a research report on Friday, August 20th. Finally, Cheuvreux began coverage on Adyen in a research report on Monday, June 28th. They set a “buy” rating for the company.

Shares of ADYEY traded up $0.27 during mid-day trading on Monday, hitting $31.72. The stock had a trading volume of 286,287 shares, compared to its average volume of 519,745. The company’s fifty day simple moving average is $29.42 and its two-hundred day simple moving average is $25.51. Adyen has a fifty-two week low of $16.68 and a fifty-two week high of $34.94.

About Adyen

Adyen N.V. operates a payments platform in Europe, North America, the Asia Pacific, Latin America, and internationally. The company's platform integrates payments stack that include gateway, risk management, processing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing payments across merchants' sales channels, as well as online, mobile, in-store, and APIs.

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Analyst Recommendations for Adyen (OTCMKTS:ADYEY)

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