Several investment analysts working at DA Davidson have started covering the stocks for PYPL. This was published in a research note that was set out to investors and clients on Wednesday. Accordingly, the brokerage has put up a rating of buy on the provider’s stock.
The Stock Commentary Of PYPL
There have been quite a few other research equities that have commented on the stocks of PYPL. Morgan Stanley has already increased the price target of the company from $329 to $337 with a rating of overweight in a 6th May research report. JMP Securities has already increased the price target of the company from $275 to $300 with a rating of outperform in a 6th May research report.
BMO Capital Markets has increased the price target of the company from $241 to $256 with a rating of market perform in a 7th May research report. Rosenblatt Securities has increased the price target of the company from $320 to $350 with a rating of buy in a 20th April research report. In the end, Oppenheimer has also increased the price target of the company from $310 to $322 with a rating of outperform in a 6th May research report.
Five investment analysts have already issued a rating of hold for the company, while thirty-six others have issued a rating of buy. PYPL currently has a buy rating with a $284.80 price target.
The stocks of PYPL traded on Wednesday at $1.37. The year low of the company is $164.29, with the year high set at $309.14. The quick ratio of the company is 1.29 with a 1.29 current ratio. The moving average price of the company is $261.78. The market cap of the company is $338.46 billion, with a 65.63 PE ratio.
