PayPoint (LON:PAY) Earns Underweight Rating from Barclays

Barclays restated their underweight rating on shares of PayPoint (LON:PAYGet Rating) in a report published on Thursday, MarketBeat.com reports. The brokerage currently has a GBX 540 ($6.66) price target on the stock.

Separately, Canaccord Genuity Group reaffirmed a buy rating and issued a GBX 820 ($10.11) price target on shares of PayPoint in a report on Tuesday, February 1st.

LON PAY opened at GBX 575 ($7.09) on Thursday. The stock has a market capitalization of £396.27 million and a price-to-earnings ratio of 7.19. PayPoint has a twelve month low of GBX 500.01 ($6.16) and a twelve month high of GBX 742 ($9.15). The company has a current ratio of 0.76, a quick ratio of 0.72 and a debt-to-equity ratio of 54.90. The stock has a 50-day moving average of GBX 580.87 and a 200 day moving average of GBX 617.89.

About PayPoint (Get Rating)

PayPoint plc provides payments and banking, shopping, and E-commerce services and products in the United Kingdom. It offers bill payment services, such as over-the-counter payments, digital bill payments, and cash out services; top-ups, including mobiles phones, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIM cards, EPoS, and receipt advertising.

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