Barclays reaffirmed their underweight rating on shares of Paypoint plc (LON:PAY) in a research note released on Friday morning, MarketBeat reports. They currently have a GBX 850 ($12.23) price objective on the stock.

Other equities analysts have also recently issued research reports about the stock. Canaccord Genuity reissued a buy rating and issued a GBX 1,400 ($20.14) target price on shares of Paypoint plc in a report on Wednesday, October 28th. JPMorgan Chase & Co. cut their target price on shares of Paypoint plc from GBX 985 ($14.17) to GBX 933 ($13.42) and set a neutral rating on the stock in a report on Thursday, November 26th. Liberum Capital raised shares of Paypoint plc to a buy rating and cut their target price for the stock from GBX 1,100 ($15.83) to GBX 1,000 ($14.39) in a report on Friday, November 27th. JP Morgan Asian Investment Trust Plc cut their target price on shares of Paypoint plc from GBX 985 ($14.17) to GBX 933 ($13.42) and set a neutral rating on the stock in a report on Saturday, November 28th. Finally, Jefferies Group cut their target price on shares of Paypoint plc from GBX 1,330 ($19.13) to GBX 1,100 ($15.83) and set a buy rating on the stock in a report on Friday, January 22nd. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. Paypoint plc has an average rating of Hold and a consensus price target of GBX 948.29 ($13.64).

Shares of Paypoint plc (LON:PAY) remained flat at GBX 790.00 during midday trading on Friday. The company had a trading volume of 46,331 shares. The firm’s 50 day moving average is GBX 888.83 and its 200 day moving average is GBX 974.12. The stock’s market capitalization is GBX 537.56 million. Paypoint plc has a 52-week low of GBX 772.98 and a 52-week high of GBX 1,112.15.

In other news, insider Wiles ,Nick purchased 10,000 shares of the company’s stock in a transaction on Friday, January 29th. The shares were bought at an average price of GBX 797 ($11.47) per share, for a total transaction of £79,700 ($114,659.76).

PayPoint plc is a United Kingdom-based holding company. Through its subsidiaries, the Company is engaged in providing clients with specialist consumer payment and other services and products, transaction processing and settlement. It offers payments for everyone from consumer and financial services companies to retailers, utilities, media, gaming and government clients. It operates branded retail networks across the United Kingdom, Ireland and Romania. In the United Kingdom, THE Company’s network already includes terminals in over 26,700 local shops, including Co-op, Spar, McColls, Costcutter, Sainsbury’s Local, Tesco Express, One Stop, Asda, Londis and other independent outlets. The Company’s Collect+ joint venture with Yodel offers parcel drop-off and pickup services in 5,600 convenience stores in the United Kingdom. It has over 8,350 terminals in local shops across the Romania, which helps people make cash bill payments, money transfers, road tax payments and mobile phone top-ups.

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