Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEYGet Free Report) has been given a consensus rating of “Moderate Buy” by the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have recently commented on ADYEY shares. BMO Capital Markets initiated coverage on Adyen in a report on Tuesday, April 21st. They set an “outperform” rating for the company. Loop Capital assumed coverage on Adyen in a report on Wednesday, July 15th. They issued a “hold” rating on the stock. Jefferies Financial Group restated a “buy” rating on shares of Adyen in a research report on Monday, May 4th. Monness Crespi & Hardt restated a “buy” rating on shares of Adyen in a research note on Wednesday, May 6th. Finally, BNP Paribas Exane downgraded Adyen to a “neutral” rating in a research note on Monday, June 1st.

View Our Latest Stock Analysis on Adyen

Adyen Trading Up 0.2%

ADYEY opened at $10.84 on Monday. The company’s 50-day moving average price is $9.77 and its 200 day moving average price is $11.00. Adyen has a fifty-two week low of $8.93 and a fifty-two week high of $18.34.

About Adyen

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Adyen is a global payments technology company that provides an end-to-end platform for accepting and processing electronic payments across online, mobile and point-of-sale channels. Its core services include payment gateway and acquiring capabilities, fraud prevention and risk management, settlement and reconciliation, and tools for recurring and marketplace payments. The platform is designed to consolidate multiple payment functions into a single integration, enabling merchants to accept a wide range of local and international payment methods and currencies.

Founded in 2006 and headquartered in Amsterdam, Adyen was established by Pieter van der Does and Arnout Schuijff to simplify cross-border payments for international merchants.

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Analyst Recommendations for Adyen (OTCMKTS:ADYEY)

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