PayPay Corporation (NASDAQ:PAYP – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the thirteen brokerages that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $25.7273.
A number of research analysts recently weighed in on PAYP shares. Jefferies Financial Group started coverage on shares of PayPay in a research note on Monday, April 6th. They set a “buy” rating and a $28.00 target price on the stock. Mizuho assumed coverage on PayPay in a research note on Monday, April 6th. They issued an “outperform” rating and a $26.00 price target for the company. Weiss Ratings upgraded PayPay from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, July 1st. The Goldman Sachs Group assumed coverage on PayPay in a research note on Tuesday, April 7th. They issued a “buy” rating and a $29.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft started coverage on PayPay in a research report on Monday, April 6th. They set a “hold” rating and a $20.00 target price for the company.
Get Our Latest Analysis on PayPay
PayPay Price Performance
PayPay (NASDAQ:PAYP – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The fintech company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $644.33 million during the quarter.
About PayPay
As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.
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