Today, Barclays PLC Reiterates Equal weight Rating for Paypoint plc (PAY)

Today, Barclays PLC Reiterates Equal weight Rating for Paypoint plc (PAY)

Paypoint plc (LON:PAY)‘s stock had its “equal weight” rating reissued by investment analysts at Barclays PLC in a report released on Friday. They currently have a GBX 1,030 ($12.87) price objective on the stock. Barclays PLC’s price objective indicates a potential downside of 0.96% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Jefferies Group reiterated a “buy” rating and set a GBX 1,250 ($15.62) price target on shares of Paypoint plc in a research note on Thursday, September 29th. Liberum Capital boosted their target price on shares of Paypoint plc from GBX 1,000 ($12.49) to GBX 1,100 ($13.74) and gave the company a “buy” rating in a research note on Wednesday, September 21st. Canaccord Genuity boosted their target price on shares of Paypoint plc from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) and gave the company a “buy” rating in a research note on Thursday. Numis Securities Ltd boosted their target price on shares of Paypoint plc to GBX 950 ($11.87) and gave the company a “hold” rating in a research note on Thursday. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a GBX 877 ($10.96) target price on shares of Paypoint plc in a research note on Friday, July 29th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 1,043.14 ($13.03).

Paypoint plc (LON:PAY) opened at 1032.34509 on Friday. The stock’s 50 day moving average is GBX 1,076.46 and its 200 day moving average is GBX 992.45. Paypoint plc has a 52-week low of GBX 700.00 and a 52-week high of GBX 1,176.51. The company’s market cap is GBX 702.94 million.

The firm also recently declared a dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be issued a GBX 27.20 ($0.34) dividend. The ex-dividend date is Thursday, December 1st. This represents a dividend yield of 2.62%.

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