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.

About Adyen

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.

Featured Story: Does a trade war provide a risk to the global economy?

The Fly

Receive News & Ratings for Adyen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adyen and related companies with MarketBeat.com's FREE daily email newsletter.