A report released today by Barclays Capital about PayPal Holdings Inc (NASDAQ:PYPL) raises the target price to $47.00
- Updated: October 14, 2016
In a report issued 10/14/2016 Barclays Capital bumped up the target of PayPal Holdings Inc (NASDAQ:PYPL) from $42.00 to $47.00 reporting a potential upside of 0.20%.
Previously on 10/11/2016, Vetr Inc. released a statement about PayPal Holdings Inc (NASDAQ:PYPL) increased the target price from $0.00 to $44.52. At the time, this indicated a possible upside of 0.14%.
Just yesterday PayPal Holdings Inc (NASDAQ:PYPL) traded 0.26% higher at $39.24. PayPal Holdings Inc’s 50-day moving average is $39.36 and its 200-day moving average is $38.45. The last stock price is up 2.20% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 5,149,096 shares of PYPL traded hands, down from an average trading volume of 8,262,740
Recent Performance Chart
PayPal Holdings Inc has 52 week low of $30.52 and a 52 week high of $41.75 with a PE ratio of 35.73 and has a market capitalization of $0.
In addition to Barclays Capital reporting its stock price target, a total of 34 brokerages have issued a research note on the company. The average stock price target is $43.68 with eleven analysts rating the company a strong buy, thirteen analysts rating the company a buy, twelve analysts rating the company a hold, three analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
General Company Details For PayPal Holdings Inc (NASDAQ:PYPL)
PayPal Holdings, Inc. (PayPal) is a technology platform company that enables digital and mobile payments on behalf of consumers and merchants across the world. The Company allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. Its combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo and Xoom products, comprise its Payments Platform. It allows its customers to use their account to both purchase and be paid for goods, as well as transfer and withdraw funds. A consumer can typically fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card or other stored value products, such as coupons and gift cards. The PayPal, Venmo, and Xoom products allow friends and family to transfer funds to each other, including cross border transfers using several of these funding sources.
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