Paysafe Group Plc (LON:PAYS) Price Target Raised to GBX 590

Paysafe Group Plc (LON:PAYS) had its price target lifted by investment analysts at Macquarie from GBX 480 ($6.23) to GBX 590 ($7.66) in a research report issued on Monday, July 24th. The brokerage presently has a “neutral” rating on the stock. Macquarie’s price objective points to a potential upside of 1.29% from the stock’s current price.

A number of other analysts have also recently issued reports on PAYS. Barclays PLC reissued an “overweight” rating and issued a GBX 610 ($7.92) price objective on shares of Paysafe Group Plc in a research note on Tuesday, April 11th. Canaccord Genuity reissued a “buy” rating and issued a GBX 570 ($7.40) price objective on shares of Paysafe Group Plc in a research note on Friday, June 2nd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Paysafe Group Plc has an average rating of “Buy” and a consensus target price of GBX 586.17 ($7.61).

Paysafe Group Plc (LON:PAYS) remained flat at GBX 582.50 on Monday. 1,106,715 shares of the company were exchanged. The stock’s market capitalization is GBX 2.82 billion. The firm’s 50-day moving average price is GBX 559.30 and its 200-day moving average price is GBX 484.89. Paysafe Group Plc has a one year low of GBX 229.21 and a one year high of GBX 600.53.

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About Paysafe Group Plc

Paysafe Group plc (Paysafe), formerly Optimal Payments Plc, is a United Kingdom-based provider of digital payments and transaction-related solutions to businesses and consumers across the world. The Company’s segments are Digital Wallets, Payment Processing and Prepaid. The Company’s Digital Wallets segments’ fees are generated from transactions between members and merchants using the NETELLER service and Net+ prepaid cards, and the Skrill and Skrill prepaid cards.

Analyst Recommendations for Paysafe Group Plc (LON:PAYS)

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