Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) has been given a consensus recommendation of “Moderate Buy” by the eleven ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company.

Several equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adyen in a research report on Thursday, July 23rd. Monness Crespi & Hardt reiterated a “buy” rating on shares of Adyen in a research note on Wednesday, May 6th. BMO Capital Markets started coverage on shares of Adyen in a research report on Tuesday, April 21st. They set an “outperform” rating for the company. Jefferies Financial Group reissued a “buy” rating on shares of Adyen in a research note on Monday, May 4th. Finally, BNP Paribas Exane cut shares of Adyen to a “neutral” rating in a report on Monday, June 1st.

Adyen Stock Up 0.1%

Shares of ADYEY stock opened at $10.70 on Monday. The business’s fifty day moving average is $9.77 and its 200 day moving average is $10.96. Adyen has a twelve month low of $8.93 and a twelve month high of $18.34.

Adyen Company Profile

Adyen is a global payments technology company that provides an end-to-end platform for accepting and processing electronic payments across online, mobile and point-of-sale channels. Its core services include payment gateway and acquiring capabilities, fraud prevention and risk management, settlement and reconciliation, and tools for recurring and marketplace payments. The platform is designed to consolidate multiple payment functions into a single integration, enabling merchants to accept a wide range of local and international payment methods and currencies.

Founded in 2006 and headquartered in Amsterdam, Adyen was established by Pieter van der Does and Arnout Schuijff to simplify cross-border payments for international merchants.