PayPal Holdings, Inc. (PYPL) Price Target Raised to $75.00 at Barclays PLC

by Lawrence Cooper October 21, 2017, 0:06

The company has market cap of $1.42 billion. It now has negative earnings. Therefore 68% are positive. The share last price represents downtick move of -3.39% in value from company's 52-Week high price and shows 76.69% above change in value from its 52-Week low price. They now have a $75.00 target price on the credit services provider's stock, up from their prior target price of $70.00.

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. Bank of America Corporation reiterated a "buy" rating and issued a $78.00 price target (up from $71.00) on shares of PayPal Holdings in a research report on Friday, October 6th. On Tuesday, March 29 the stock rating was initiated by Atlantic Securities with "Neutral". The rating was downgraded by Aegis Capital on Monday, October 3 to "Hold". 24,500,015 shares of the stock were exchanged. (NASDAQ:PYPL) by some 106,758,849 shares, 533 decreased positions by 98,952,876 and 138 held positions by 789,229,261. The stock has "Outperform" rating by RBC Capital Markets on Thursday, January 28. The company now has a consensus rating of "Buy" and a consensus price target of $68.64. Share performance for the month is now at 3.88%. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. The Minnesota-based Kopp Investment Advisors Llc has invested 2.18% in the stock. Out of 3 Wall Street analysts rating CalAmp, 0 give it "Buy", 0 "Sell" rating, while 3 recommend "Hold". The lowest target is $52.0 while the high is $55.0. IMPV was included in 6 notes of analysts from August 30, 2016. Barclays PLC now has an overweight rating on the credit services provider's stock. The company was upgraded on Friday, November 4 by Macquarie Research. The firm has "Buy" rating given on Wednesday, September 20 by Evercore. The firm earned "Buy" rating on Thursday, July 27 by Stephens. The firm has "Sector Outperformer" rating by IBC given on Friday, November 13.

It closed at $11.4 lastly. It has outperformed by 21.56% the S&P500.

Among 2 analysts covering Rocky Mountain Dealerships Inc.

In addition, PayPal's GAAP earnings per diluted share (EPS) also illustrated a growth of 17 percent year-over-year to $0.31 in Q3 2017, as well as a non-GAAP EPS growth of 31 percent to $0.46 from Q3 2016.

PayPal's popular social payments app, Venmo, now locked in a battle with USA banks for market share, reported $9.4 billion of payment volume, an increase of 93% year over year, as well as its largest quarter of customer acquisition. FMR LLC grew its holdings in shares of PayPal Holdings by 36.1% in the 2nd quarter. It offers consumers person-to-person payment solutions through its PayPal Website and mobile application, Venmo and Xoom.

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