PayPal Holdings (NASDAQ:PYPL) : Currently there are 26 street experts covering PayPal Holdings (NASDAQ:PYPL) stock. The most bullish and bearish price target for the stock is $50 and $32 respectively for the short term. The average price target of all the analysts comes to $43.5. The estimated standard deviation from the target is $4.25.
PayPal Holdings, Inc. has lost 0.41% in the last five trading days and dropped 4.7% in the last 4 weeks. PayPal Holdings, Inc. has dropped 7.34% during the last 3-month period . Year-to-Date the stock performance stands at 0.86%. Also, Oppenheimer initiates coverage on PayPal Holdings (NASDAQ:PYPL). Oppenheimer has a Outperform rating on the shares. As per the latest report, the brokerage house announces the price target to $42 per share. The rating by the firm was issued on June 17, 2016.
PayPal Holdings (NASDAQ:PYPL) : 35 analysts are covering PayPal Holdings (NASDAQ:PYPL) and their average rating on the stock is 2.09, which is read as a Buy. 17 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. PayPal Holdings (NASDAQ:PYPL) also receives 3 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 12 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
PayPal Holdings (NASDAQ:PYPL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $35.81 and $35.59 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.53. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.51, notching a gain of 2.07% for the day. The total traded volume was 9,152,990 . The stock had closed at $35.77 on the previous day.
In an insider trading activity, The director, of Paypal Holdings, Inc., Moffett David M had unloaded 15,971 shares at $36.08 per share in a transaction on February 1, 2016. The total value of transaction was $576,234. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to 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.