In a report released today, Mark Palmer from BTIG reiterated a Buy rating on Repay Holdings (RPAY – Research Report), with a price target of $31.00. The company’s shares closed last Tuesday at $23.06.
According to TipRanks.com, Palmer is a 5-star analyst with an average return of 21.3% and a 67.3% success rate. Palmer covers the Financial sector, focusing on stocks such as International Money Express, Galaxy Digital Holdings, and Mogo Finance Technology.
Currently, the analyst consensus on Repay Holdings is a Strong Buy with an average price target of $29.50, which is a 26.6% upside from current levels. In a report released today, Credit Suisse also maintained a Buy rating on the stock with a $30.00 price target.
Repay Holdings’ market cap is currently $2.21B and has a P/E ratio of -30.80. The company has a Price to Book ratio of -13.01.
Based on the recent corporate insider activity of 105 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RPAY 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.
Repay Holdings Corp. engages in the provision of integrated payment processing solutions to verticals that have specific transaction processing needs. The company is headquartered in Atlanta, GA.
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