Adyen (OTCMKTS:ADYEY) Receives “Buy” Rating from UBS Group
UBS Group reiterated their buy rating on shares of Adyen (OTCMKTS:ADYEY) in a report released on Friday morning, The Fly reports.
A number of other brokerages have also recently commented on ADYEY. Morgan Stanley restated an overweight rating on shares of Adyen in a research note on Monday, June 29th. Berenberg Bank reissued a hold rating on shares of Adyen in a research report on Thursday, June 25th.
ADYEY stock opened at $31.37 on Friday. The firm’s 50-day moving average price is $28.10. Adyen has a 12-month low of $12.63 and a 12-month high of $32.19.
Adyen N.V. operates a payments platform that integrates payments stack. The company provides gateway, risk management, processing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing payments across merchants' sales channels i.e. online, mobile, and in-store, as well as APIs.
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