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