Price Target Analysis PayPal Holdings, Inc. (PYPL)

Marco Green
May 27, 2018

Paypal Holdings had 47 analyst reports since November 28, 2017 according to SRatingsIntel. The stock has "Hold" rating by Canaccord Genuity on Wednesday, January 31. Arcadia Investment Management Corp MI now owns 1,434 shares of the credit services provider's stock worth $106,000 after buying an additional 1,000 shares in the last quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Lastly, a Hold rating on shares of PayPal Holdings, Inc. was Reiterated by Stifel, which also set a $79 price target on the company's stock. PayPal Holdings, Inc. (PYPL) has $96.13 billion valuation. Sidoti downgraded the shares of LDL in report on Monday, August 29 to "Neutral" rating.

Today, Oppenheimer raised its price target on NASDAQ:PYPL - PayPal (NASDAQ:PYPL) to per share. The rating was maintained by Canaccord Genuity with "Hold" on Tuesday, January 2. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirty-four have given a buy rating and one has issued a strong buy rating to the company. The price target set for the stock is $7, and this sets up an impressive set of potential movement for the stock. PayPal Holdings, Inc. (NASDAQ:PYPL) has gained 2.33% in value over the last three months, and 4.86% over the last six-month period. Cantor Fitzgerald, for instance, raised its PYPL price target to $93 from $85 - waxing optimistic over PayPal's expansion of its products and functionality, including partnerships with Google Pay and Facebook. This area is home to a 23.6% Fibonacci retracement of PayPal's rally from its December lows to its late-January record high of $86.32, as well as its mid-March closing high. The company's market cap is $94.37 Billion, and the average volume is 8.41 Million. (NASDAQ:PYPL) earned "Buy" rating by Cowen & Co on Tuesday, January 9. The credit services provider reported $0.57 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.03. The company had Year Ago Sales of 3.14 Billion. Its EPS was $-0.22 while outstanding shares of the company were 1.30B. Susquehanna maintained PayPal Holdings, Inc. Morgan Stanley maintained PayPal Holdings, Inc. The shares were sold at an average price of $77.76, for a total transaction of $1,304,657.28.

On 5/1/2018 Daniel H Schulman, Insider, sold 26,000 with an average share price of $74.12 per share and the total transaction amounting to $1,927,120.00. The shares were sold at an average price of $41.78, for a total value of $110,466.32. The company shares sank -14.35% from their peak of $10.80 and now has a $683.02 million market value of equity. The disclosure for this sale can be found here. Insiders own 0.20% of the company's stock. (NYSE:PYPL) shares have been seen trading 7.41% away from the 20-day moving average.

Let's take a quick look at how the price of Caterpillar Inc. Truewealth LLC acquired a new stake in PayPal during the 4th quarter worth about $106,000. Buckingham Research maintained PayPal Holdings, Inc. Fundsmith LLP boosted its stake in PayPal Holdings by 114.2% in the second quarter. Criterion Capital Management LLC now owns 672,883 shares of the credit services provider's stock worth $51,052,000 after purchasing an additional 189,300 shares during the last quarter. KeyBanc Capital Markets maintained PayPal Holdings, Inc. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 460,600 shares of the credit services provider's stock valued at $33,909,000 after acquiring an additional 44,100 shares during the last quarter. Institutional investors own 78.26% of the company's stock. "PayPal is a leading global online payments platform that is evolving into a robust financial services ecosystem with an expanding value proposition for both merchants and consumers", he wrote. 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.

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