Trading Report: Today, Paypoint plc’s (PAY) “Equal weight” Rating Reaffirm at Barclays PLC

Today, Paypoint plc’s (PAY) “Equal weight” Rating Reaffirm at Barclays PLC

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

PAY has been the topic of a number of other reports. Jefferies Group reissued a “buy” rating and issued a GBX 1,250 ($15.62) price target on shares of Paypoint plc in a research note on Thursday, September 29th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a GBX 877 ($10.96) price target on shares of Paypoint plc in a research note on Friday, July 29th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 879 ($10.98) price target on shares of Paypoint plc in a research note on Thursday. Canaccord Genuity raised their price target on Paypoint plc from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) and gave the stock a “buy” rating in a research note on Thursday. Finally, Liberum Capital raised their price target on Paypoint plc from GBX 1,000 ($12.49) to GBX 1,100 ($13.74) and gave the stock a “buy” rating in a research note on Wednesday, September 21st. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,033 ($12.91).

Paypoint plc (LON:PAY) opened at 1034.00 on Friday. The company has a 50-day moving average price of GBX 1,076.46 and a 200-day moving average price of GBX 992.45. The firm’s market capitalization is GBX 704.07 million. Paypoint plc has a one year low of GBX 700.00 and a one year high of GBX 1,176.51.

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

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