PAYS broker upgrade..........8 Jan 2016 10:12
Optimal Payments Plc (PAYS) PT Raised to GBX 560
January 7th, 2016 • 0 comments • Filed Under • by ABMN Staff
Optimal Payments Plc logoOptimal Payments Plc (LON:PAYS) had its target price boosted by research analysts at Barclays from GBX 450 ($6.61) to GBX 560 ($8.23) in a research report issued to clients and investors on Thursday, MarketBeat.Com reports. The brokerage presently has an “overweight” rating on the stock. Barclays’ target price would suggest a potential upside of 55.92% from the company’s previous close.
Several other analysts have also recently commented on the stock. Citigroup Inc. restated a “buy” rating on shares of Optimal Payments Plc in a report on Friday, December 4th. Canaccord Genuity restated a “buy” rating and set a GBX 425 ($6.25) price target on shares of Optimal Payments Plc in a report on Thursday, December 3rd. Berenberg Bank restated a “buy” rating and set a GBX 431 ($6.33) price target on shares of Optimal Payments Plc in a report on Thursday, November 12th. Finally, Deutsche Bank restated a “buy” rating and set a GBX 410 ($6.02) price target (up from GBX 380 ($5.58)) on shares of Optimal Payments Plc in a report on Thursday, November 12th. Five research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and an average target price of GBX 445.20 ($6.54).
In other news, insider Leonoff ,Joel sold 1,150,000 shares of Optimal Payments Plc stock in a transaction that occurred on Wednesday, December 2nd. The shares were sold at an average price of GBX 372 ($5.47), for a total value of £4,278,000 ($6,286,554.00).
Optimal Payments Plc (LON:PAYS) opened at 352.0758 on Thursday. Optimal Payments Plc has a 1-year low of GBX 186.47 and a 1-year high of GBX 378.00. The firm’s 50-day moving average is GBX 0.00 and its 200-day moving average is GBX 0.00.