Barclays Reiterates “Underweight” Rating for Paypoint (PAY)
Paypoint (LON:PAY)‘s stock had its “underweight” rating reaffirmed by Barclays in a research report issued to clients and investors on Tuesday.
Several other research firms have also recently issued reports on PAY. Liberum Capital reissued a “buy” rating on shares of Paypoint in a research note on Thursday, November 29th. Jefferies Financial Group reissued a “buy” rating on shares of Paypoint in a research note on Monday, August 6th.
Shares of Paypoint stock opened at GBX 815 ($10.65) on Tuesday. Paypoint has a one year low of GBX 762 ($9.96) and a one year high of GBX 1,098 ($14.35).
PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, Romania, North America, and France. The company offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles and prepaid debit card top-ups, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, broadband, and receipt advertising.
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