Today: Today, Paypoint plc (PAY) PT Raised to GBX 1,051 at JPMorgan Chase & Co.

Today, Paypoint plc (PAY) PT Raised to GBX 1,051 at JPMorgan Chase & Co.

Paypoint plc (LON:PAY) had its price objective boosted by research analysts at JPMorgan Chase & Co. from GBX 877 ($10.88) to GBX 1,051 ($13.04) in a research report issued on Friday. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 0.10% from the stock’s previous close.

PAY has been the subject of several other research reports. Liberum Capital reiterated a “buy” rating and issued a GBX 1,100 ($13.65) price target on shares of Paypoint plc in a research report on Friday, September 30th. Barclays PLC lifted their price target on Paypoint plc from GBX 890 ($11.04) to GBX 1,030 ($12.78) and gave the stock an “equal weight” rating in a research report on Monday, October 17th. Jefferies Group reiterated a “buy” rating and issued a GBX 1,250 ($15.51) price target on shares of Paypoint plc in a research report on Thursday, September 29th. Numis Securities Ltd lifted their price target on Paypoint plc from GBX 879 ($10.90) to GBX 950 ($11.79) and gave the stock a “hold” rating in a research report on Thursday, November 24th. Finally, Canaccord Genuity lifted their price target on Paypoint plc from GBX 1,063 ($13.19) to GBX 1,162 ($14.42) and gave the stock a “buy” rating in a research report on Thursday, November 24th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of GBX 1,090.50 ($13.53).

Shares of Paypoint plc (LON:PAY) opened at 1055.00 on Friday. The company has a 50 day moving average price of GBX 1,076.92 and a 200 day moving average price of GBX 996.20. Paypoint plc has a 1-year low of GBX 700.00 and a 1-year high of GBX 1,176.51. The stock’s market cap is GBX 718.37 million.

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

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