PayPal Holdings (PYPL) Receives Price Target

PayPal Holdings (PYPL) : 22 investment research analysts covering PayPal Holdings (PYPL) have an average price target of $43.05 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $32 for the short term. Analysts expect the variance to be within $4.43 of the average price.

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 10 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 30 research analysts is 2.12, which indicates as a Buy.


Also, Equity analysts at the Brokerage firm Credit Suisse maintains its rating on PayPal Holdings (NASDAQ:PYPL). The rating major has initiated the coverage with outperform rating on the shares. The Analysts at Credit Suisse raises the price target from $42 per share to $43 per share. The rating by the firm was issued on July 22, 2016.

PayPal Holdings (NASDAQ:PYPL): The stock opened at $37.27 on Thursday but the bulls could not build on the opening and the stock topped out at $37.32 for the day. The stock traded down to $36.58 during the day, due to lack of any buying support eventually closed down at $36.83 with a loss of -0.86% for the day. The stock had closed at $37.15 on the previous day. The total traded volume was 10,412,233 shares.

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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