Vetr Inc. covered Paypal Holdings Inc (NASDAQ:PYPL), stepping up its target to $44.52 earlier today
- Updated: October 16, 2016
Vetr Inc. bumped up the target of Paypal Holdings Inc (NASDAQ:PYPL) to $44.52 stating a potential upside of 0.14%.
On 10/03/2016, Vetr Inc. released a statement for Paypal Holdings Inc (NASDAQ:PYPL) bumped up the target price from $0.00 to $42.50 that suggested an upside of 0.05%.
Boasting a price of $39.19, Paypal Holdings Inc (NASDAQ:PYPL) traded 0.10% higher on the day. With the last stock price close up 2.04% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Paypal Holdings Inc has recorded a 50-day average of $39.41 and a two hundred day average of $38.46. Volume of trade was down over the average, with 6,647,595 shares of PYPL changing hands under the typical 8,215,930
With a total market value of $0, Paypal Holdings Inc has price-earnings ratio of 35.67 with a one year low of $30.52 and a one year high of $41.75 .
A total of 34 equity analysts have released a ratings update on PYPL. Eleven equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, twelve equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year 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, 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.