Trade Report: Today: Paypoint plc (PAY) Given New GBX 1,051 Price Target at JPMorgan Chase & Co.

Today: Paypoint plc (PAY) Given New GBX 1,051 Price Target at JPMorgan Chase & Co.

Paypoint plc (LON:PAY) had its price objective boosted by JPMorgan Chase & Co. from GBX 877 ($10.96) to GBX 1,051 ($13.13) in a report released on Friday. The brokerage currently has a neutral rating on the stock.

Several other equities analysts have also recently weighed in on PAY. Barclays PLC restated an equal weight rating and set a GBX 1,030 ($12.87) price objective on shares of Paypoint plc in a research note on Friday. Numis Securities Ltd reaffirmed a hold rating and set a GBX 879 ($10.98) target price on shares of Paypoint plc in a research report on Thursday, July 28th. Liberum Capital reaffirmed a buy rating and set a GBX 1,000 ($12.49) target price on shares of Paypoint plc in a research report on Thursday, September 15th. Canaccord Genuity raised their target price on Paypoint plc from GBX 1,063 ($13.28) to GBX 1,162 ($14.52) and gave the company a buy rating in a research report on Thursday. Finally, Jefferies Group reaffirmed a buy rating and set a GBX 1,250 ($15.62) target price on shares of Paypoint plc in a research report on Thursday, September 29th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,068 ($13.34).

Shares of Paypoint plc (LON:PAY) opened at 1024.50 on Friday. 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 697.60 million. The company’s 50-day moving average is GBX 1,076.22 and its 200 day moving average is GBX 992.74.

The company also recently disclosed 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. This represents a yield of 2.62%. The ex-dividend date is Thursday, December 1st.

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