Trade Report: Today, Paysafe Group Plc (PAYS) Earns “Buy” Rating from Canaccord Genuity

Today, Paysafe Group Plc (PAYS) Earns “Buy” Rating from Canaccord Genuity

Paysafe Group Plc (LON:PAYS)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity in a report issued on Tuesday. They currently have a GBX 508 ($6.35) target price on the stock. Canaccord Genuity’s target price would indicate a potential upside of 27.54% from the stock’s current price.

PAYS has been the subject of several other research reports. Barclays PLC reaffirmed an “overweight” rating and set a GBX 560 ($7.00) price objective on shares of Paysafe Group Plc in a research report on Monday, October 17th. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 550 ($6.87) price objective on shares of Paysafe Group Plc in a research report on Tuesday, September 6th. BNP Paribas reaffirmed an “outperform” rating and set a GBX 125 ($1.56) price objective on shares of Paysafe Group Plc in a research report on Friday, July 22nd. Finally, Morgan Stanley upped their price objective on shares of Paysafe Group Plc from GBX 500 ($6.25) to GBX 560 ($7.00) and gave the stock an “overweight” rating in a research report on Friday, August 12th. Seven analysts have rated the stock with a buy rating, Paysafe Group Plc currently has an average rating of “Buy” and a consensus target price of GBX 528.57 ($6.60).

Shares of Paysafe Group Plc (LON:PAYS) traded down 0.70% during midday trading on Tuesday, hitting GBX 398.30. 1,279,744 shares of the stock traded hands. The company’s market capitalization is GBX 1.92 billion. Paysafe Group Plc has a 52 week low of GBX 326.17 and a 52 week high of GBX 474.40. The firm’s 50-day moving average is GBX 431.47 and its 200 day moving average is GBX 412.06.

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