Brokerages Set PayPay Corporation (NASDAQ:PAYP) Price Target at $25.73

PayPay Corporation (NASDAQ:PAYP – Get Free Report) has been given a consensus rating of “Moderate Buy” by the eleven research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $25.7273.

A number of equities analysts have issued reports on PAYP shares. JPMorgan Chase & Co. started coverage on PayPay in a research note on Wednesday, April 8th. They set an “overweight” rating and a $25.00 price target for the company. Deutsche Bank Aktiengesellschaft started coverage on PayPay in a research note on Monday, April 6th. They set a “hold” rating and a $20.00 price target for the company. Mizuho started coverage on PayPay in a research note on Monday, April 6th. They set an “outperform” rating and a $26.00 price target for the company. Benchmark started coverage on PayPay in a research note on Monday, April 6th. They set a “buy” rating and a $31.00 price target for the company. Finally, Citigroup assumed coverage on PayPay in a research note on Monday, April 6th. They set a “neutral” rating and a $23.00 price target for the company.

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PayPay Price Performance

Shares of NASDAQ PAYP opened at $19.52 on Tuesday. The firm’s fifty day moving average price is $20.55. PayPay has a 1 year low of $17.00 and a 1 year high of $24.89.

PayPay (NASDAQ:PAYP – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The fintech company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $644.33 million for the quarter.

PayPay Company Profile

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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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