Liberum Capital Reiterates “Buy” Rating for Paypoint (PAY)
Liberum Capital restated their buy rating on shares of Paypoint (LON:PAY) in a report issued on Thursday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also commented on PAY. Jefferies Financial Group restated a buy rating on shares of Paypoint in a research note on Tuesday, April 9th. JPMorgan Chase & Co. increased their price target on shares of Paypoint from GBX 1,183 ($15.46) to GBX 1,226 ($16.02) and gave the stock an overweight rating in a research note on Wednesday, May 15th.
Shares of PAY traded up GBX 4 ($0.05) during mid-day trading on Thursday, hitting GBX 1,080 ($14.11). 38,254 shares of the company’s stock were exchanged, compared to its average volume of 62,880. Paypoint has a twelve month low of GBX 739 ($9.66) and a twelve month high of GBX 1,076 ($14.06). The firm has a market cap of $719.94 million and a price-to-earnings ratio of 16.93. The company has a quick ratio of 0.93, a current ratio of 0.96 and a debt-to-equity ratio of 13.14.
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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