Paypal (NASDAQ:PYPL) Price Target Increased to $97.00 by Analysts at Nomura

Marco Green
April 2, 2018

Wedbush maintained it with "Outperform" rating and $45 target in Thursday, March 17 report. After $0.40 actual earnings per share reported by PayPal Holdings, Inc. for the previous quarter, Wall Street now forecasts 2.50 % EPS growth. Robert W. Baird maintained PayPal Holdings, Inc. The recent move of 1.08% gain helped the stock to close at $75.87 when trading ended on 03/29/2018. Captrust Financial Advisors bought a new stake in Paypal during the 4th quarter valued at $1,295,000. Nomura's price objective suggests a potential upside of 27.85% from the stock's current price. The analysts prefer Visa Inc. and Mastercard Inc., initiating both with outperform ratings due to their status as the "crown jewels of the secularly growing payments market". BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 482,133 shares of the credit services provider's stock worth $35,495,000 after buying an additional 42,546 shares in the last quarter. Finally, Sawtooth Solutions LLC purchased a new stake in Paypal in the 4th quarter worth $414,000. The fund owned 226,398 shares of the credit services provider's stock after selling 130,128 shares during the quarter. Investors measure stock performance on the basis of a company's earnings power. (NASDAQ:PYPL) on Thursday, November 16 with "Buy" rating.

PayPal Holdings, Inc. (PYPL)'s distance from 200 day simple moving average is 9.68 percent, its distance from 50 day simple moving average is -4.64 percent, while its distance from 20 day simple moving average is -4.7 percent. The company has a market cap of $91,056.15, a price-to-earnings ratio of 54.58, a PEG ratio of 2.51 and a beta of 1.25.

Paypal (NASDAQ:PYPL) last announced its quarterly earnings results on Wednesday, January 31st. The Return on Investment and Return on Equity (ROE) values are 6.3 percent and 11.3 percent, respectively. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the prior year, the company earned $0.42 EPS.

PayPal Holdings, Inc. (NASDAQ:PYPL) yearly performance is 75.46% and net profit margin is 13.70%.

Nomura upgraded shares of Paypal Holdings (NASDAQ:PYPL) to a solid Buy rating in a research note issued to investors and clients on Wednesday morning.

Mondelez International, Inc. (MDLZ) analysts on average have given a price target of $85.38 on MDLZ stock. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.41 average brokerage recommendation. KeyBanc Capital Markets maintained the stock with "Buy" rating in Thursday, February 8 report. Vetr cut Paypal from a "buy" rating to a "hold" rating and set a $78.63 price target on the stock.in a research report on Friday, November 17th. The stock presently has a consensus rating of "Buy" and an average price target of $77.71. Susquehanna maintained it with "Buy" rating and $87.0 target in Thursday, February 1 report. The shares were sold at an average price of $77.84, for a total value of $729,127.28. Following the sale, the chief operating officer now owns 95,944 shares in the company, valued at $7,452,929.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The shares were sold at an average price of $77.98, for a total transaction of $299,677.14. Following the sale, the executive vice president now directly owns 46,045 shares in the company, valued at approximately $3,596,574.95. The disclosure for this sale can be found here. Teachers Advisors LLC now owns 3,308,688 shares of the credit services provider's stock valued at $243,586,000 after purchasing an additional 321,039 shares in the last quarter. Insiders own 6.00% of the company's stock.

TRADEMARK VIOLATION WARNING: This story was originally published by Macon Daily and is the property of of Macon Daily. Accern also gave news headlines about the credit services provider an impact score of 45.8966967000906 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

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