Analyst Rating Update on PayPal Holdings (PYPL)

PayPal Holdings (PYPL) has an average broker rating of 2.11, which is interpreted as a Buy, as rated by 32 equity analysts. Nonetheless, 15 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 11 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

PayPal Holdings (PYPL) : The most positive equity analysts on PayPal Holdings (PYPL) expects the shares to touch $50, whereas, the least positive believes that the stock will trade at $32 in the short term. The company is covered by 25 Wall Street Brokerage Firms. The average price target for shares are $43.48 with an expected fluctuation of $4.41 from the mean.

For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Credit Suisse maintains its ratings on PayPal Holdings (NASDAQ:PYPL). In the latest research report, Credit Suisse raises the target price from $42 per share to $43 per share. According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on July 22, 2016.


PayPal Holdings (NASDAQ:PYPL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $36.59 and $36.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $36.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.58, notching a gain of 0.11% for the day. The total traded volume was 7,653,903 . The stock had closed at $36.54 on the previous day.

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.

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