tiprankstipranks
In this article:
Blurbs

J.P. Morgan Keeps a Buy Rating on Paypal Holdings (PYPL)

In this article:
In this article:

J.P. Morgan analyst Tien Tsin Huang maintained a Buy rating on Paypal Holdings (PYPLResearch Report) yesterday and set a price target of $175.00. The company’s shares closed last Tuesday at $117.65, close to its 52-week low of $92.25.

According to TipRanks.com, Huang is a 5-star analyst with an average return of 13.7% and a 66.3% success rate. Huang covers the Technology sector, focusing on stocks such as TELUS International (CDA), Fidelity National Info, and Rackspace Technology.

Currently, the analyst consensus on Paypal Holdings is a Moderate Buy with an average price target of $178.22, which is a 45.1% upside from current levels. In a report issued on March 30, Goldman Sachs also initiated coverage with a Buy rating on the stock with a $144.00 price target.

See today’s best-performing stocks on TipRanks >>

Paypal Holdings’ market cap is currently $137.1B and has a P/E ratio of 33.49.

Based on the recent corporate insider activity of 79 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of PYPL in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

PayPal Holdings, Inc. is a digital payments platform that enables its customers to send and receive payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle and Hyperwallet products. The company was founded in December 1998 and is headquartered in San Jose, CA.

Read More on PYPL:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed