Paypoint plc (PAY) Receives Average Rating of “Buy” from Brokerages
Shares of Paypoint plc (LON:PAY) have received a consensus rating of “Buy” from the six ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,062.50 ($14.30).
PAY has been the subject of several analyst reports. Liberum Capital reissued a “buy” rating and issued a GBX 980 ($13.19) price target on shares of Paypoint in a research note on Friday, November 10th. Jefferies Group reissued a “buy” rating and issued a GBX 1,200 ($16.15) price target on shares of Paypoint in a research note on Thursday, November 16th. Finally, Canaccord Genuity reissued a “buy” rating and issued a GBX 1,162 ($15.64) price target on shares of Paypoint in a research note on Tuesday, November 28th.
Paypoint (LON:PAY) traded up GBX 1.50 ($0.02) during trading on Thursday, hitting GBX 918 ($12.36). 54,802 shares of the stock traded hands, compared to its average volume of 90,224. Paypoint has a twelve month low of GBX 835.50 ($11.24) and a twelve month high of GBX 1,098 ($14.78).
The company also recently declared a dividend, which will be paid on Thursday, December 21st. Stockholders of record on Thursday, December 7th will be paid a GBX 27.50 ($0.37) dividend. The ex-dividend date is Thursday, December 7th. This represents a dividend yield of 3.01%.
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Paypoint Company Profile
PayPoint plc is a United Kingdom-based holding company. The Company’s subsidiaries provide specialist consumer payment, and other services and products, transaction processing and settlement. It offers clients streamlined consumer payment processing and transaction routing in an integrated solution, through MultiPay.
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