PayPal Holdings (PYPL) : Zacks Investment Research ranks PayPal Holdings (PYPL) as 3, which is a Hold recommendation. 14 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 11 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 31 research analysts is 2.15, which indicates as a Buy.
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 24 Wall Street Brokerage Firms. The average price target for shares are $43.21 with an expected fluctuation of $4.28 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. PayPal Holdings (NASDAQ:PYPL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $38.19 and $38.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.49. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.46, notching a gain of 1.02% for the day. The total traded volume was 5,999,407 . The stock had closed at $38.07 on the previous day.
In a related news, The officer (SVP, Chief Risk Officer), of Paypal Holdings, Inc., Barel Tomer had unloaded 5,862 shares at $37.21 per share in a transaction on July 28, 2016. The total value of transaction was $218,125. 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.