Paypoint plc -7.6% potential downside indicated by Barclays

Paypoint plc with ticker (LON:PAY) now has a potential downside of -7.6% according to Barclays.



Barclays set a target price of 540 GBX for the company, which when compared to the Paypoint plc share price of 581 GBX at opening today (20/05/2022) indicates a potential downside of -7.6%. Trading has ranged between 500 (52 week low) and 742 (52 week high) with an average of 49,308 shares exchanging hands daily. The market capitalisation at the time of writing is £398,381,066.

PayPoint plc is a United Kingdom-based company, which offers in store payment services for consumers, retailer services as well as mobile and online multi-channel payment solutions for businesses. The Company’s retail services platform, PayPoint One, offers services related to the convenience store needs. It also provides card payments services to businesses across the food services, garage, and hospitality sectors. Its technology helps companies to serve customers, improve business and their operations. The Company provides payments technologies without the need for capital investment. Its omnichannel solution, MultiPay, is a one-stop shop for digital and other customer payments, via any channel and on any device. Its solutions help consumers to control their household finances, make payments and access services like cash withdrawals, eMoney and parcel collections and drop-offs.