Paysafe Group Plc (PAYS) Receives GBX 589.40 Consensus Price Target from Analysts

Paysafe Group Plc (LON:PAYS) has been assigned an average rating of “Buy” from the seven research firms that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 589.40 ($7.78).

A number of research analysts recently issued reports on PAYS shares. Canaccord Genuity downgraded Paysafe Group Plc from a “buy” rating to a “hold” rating in a report on Thursday, August 31st. Barclays PLC reiterated an “overweight” rating and set a GBX 700 ($9.24) price objective on shares of Paysafe Group Plc in a report on Wednesday, August 9th. Finally, Macquarie increased their price objective on Paysafe Group Plc from GBX 480 ($6.33) to GBX 590 ($7.79) and gave the stock a “neutral” rating in a report on Monday, July 24th.

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Paysafe Group Plc (LON:PAYS) traded up GBX 0.73 ($0.01) during midday trading on Wednesday, hitting GBX 586.23 ($7.74). The stock had a trading volume of 1,050,000 shares, compared to its average volume of 3,160,000. Paysafe Group Plc has a 52 week low of GBX 229.21 ($3.02) and a 52 week high of GBX 600.50 ($7.92).

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.

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