Paysafe Group Plc’s (PAYS) “Overweight” Rating Reaffirmed at Barclays PLC

Barclays PLC reiterated their overweight rating on shares of Paysafe Group Plc (LON:PAYS) in a research note issued to investors on Tuesday morning. They currently have a GBX 610 ($7.42) price objective on the stock.

Several other research analysts also recently weighed in on the stock. BNP Paribas restated an outperform rating and set a GBX 535 ($6.51) price target on shares of Paysafe Group Plc in a research report on Friday, January 6th. Canaccord Genuity restated a buy rating and set a GBX 508 ($6.18) price target on shares of Paysafe Group Plc in a research report on Tuesday, November 8th. Seven research analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average price target of GBX 535.71 ($6.51).

Shares of Paysafe Group Plc (LON:PAYS) traded up 1.59% on Tuesday, hitting GBX 396.80. The company’s stock had a trading volume of 3,122,776 shares. The firm’s market cap is GBX 1.91 billion. The stock has a 50-day moving average price of GBX 369.71 and a 200 day moving average price of GBX 406.35. Paysafe Group Plc has a one year low of GBX 229.21 and a one year high of GBX 474.40.

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In other news, insider Dennis Jones purchased 10,000 shares of the company’s stock in a transaction dated Tuesday, December 6th. The stock was acquired at an average price of GBX 365 ($4.44) per share, with a total value of £36,500 ($44,387.69).

Paysafe Group Plc Company Profile

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.

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