Brokerage Firm Rating Update on PayPal Holdings (PYPL)

PayPal Holdings (PYPL) : 13 brokerage houses believe that PayPal Holdings (PYPL) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 10 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on PayPal Holdings (PYPL). Zacks Investment Research suggests a Hold with a rank of 3. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 29 Wall Street Analysts endorse the stock as a Buy with a rating of 2.16.

PayPal Holdings (PYPL) : The highest short term price target forecast on PayPal Holdings (PYPL) is $50 and the lowest target price is $32. A total of 21 equity analysts are currently covering the company. The average price of all the analysts is $43.1 with a standard deviation of $4.54.


For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Credit Suisse, maintains their rating on the shares of PayPal Holdings (NASDAQ:PYPL). Credit Suisse has a Outperform rating on the shares. As per the latest research report, the brokerage house raises the price target to $43 per share from a prior target of $42. The rating by the firm was issued on July 22, 2016.

PayPal Holdings (NASDAQ:PYPL): The stock opened at $37.33 and touched an intraday high of $38.58 on Wednesday. During the day, the stock corrected to an intraday low of $37.26, however, the bulls stepped in and pushed the price higher to close in the green at $38.56 with a gain of 3.71% for the day. The total traded volume for the day was 10,817,701. The stock had closed at $37.18 in the previous trading session.

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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