Craig Hallum disclosed PayPal Holdings Inc (NASDAQ:PYPL), bumping up its stock price target to $52.00 today
- Updated: September 15, 2016
Indicating a possible upside of 0.30%, Craig Hallum upped the price target of PayPal Holdings Inc (NASDAQ:PYPL) to $52
Just yesterday PayPal Holdings Inc (NASDAQ:PYPL) traded 0.25% higher at $39.96. PayPal Holdings Inc’s 50-day average is $37.86 and its two hundred day moving average is $38.31. The last stock price is up 4.32% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 13,063,099 shares of PYPL were exchanged, up from ann average trading volume of 8,777,700.
See Graph Below:
PayPal Holdings Inc has a one-year low of $30.30 and a one-year high of $41.75 with a price-earnings ratio of 36 and has a market cap of $0.0.
A total of 34 firms have issued a ratings update on PYPL. Eleven firms rate the stock a strong buy, 13 analysts rate the stock a buy, 12 analyts rate the company a hold, three analysts rate the company to underperform, and lastly 0 analystsrate the stock as sell with an average target of $43.68
Brief Synopsis About 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, and including cross border transfers using several of these funding sources.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.