Paya Holdings Inc. (NASDAQ:PAYA) Given Average Recommendation of “Buy” by Analysts

Paya Holdings Inc. (NASDAQ:PAYA) has received an average recommendation of “Buy” from the six brokerages that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and five have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $15.75.

A number of brokerages have issued reports on PAYA. Raymond James began coverage on Paya in a report on Friday, February 26th. They set an “outperform” rating and a $15.00 target price on the stock. William Blair began coverage on Paya in a report on Wednesday, January 13th. They set an “outperform” rating on the stock. DA Davidson began coverage on Paya in a report on Tuesday, February 23rd. They set a “buy” rating and a $15.00 target price on the stock. Zacks Investment Research cut Paya from a “hold” rating to a “sell” rating in a report on Friday, March 26th. Finally, BTIG Research raised their target price on Paya from $15.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, January 4th.

Large investors have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new position in shares of Paya during the 4th quarter valued at about $151,000. Renaissance Technologies LLC bought a new position in shares of Paya during the 4th quarter valued at about $158,000. Paloma Partners Management Co bought a new position in shares of Paya during the 4th quarter valued at about $196,000. JPMorgan Chase & Co. bought a new position in shares of Paya during the 4th quarter valued at about $215,000. Finally, Penserra Capital Management LLC acquired a new stake in Paya in the 4th quarter valued at approximately $420,000. Institutional investors and hedge funds own 41.21% of the company’s stock.

Paya stock opened at $10.72 on Wednesday. Paya has a 12-month low of $10.38 and a 12-month high of $15.00. The company has a market capitalization of $1.36 billion, a PE ratio of 134.02 and a beta of 0.05. The firm has a 50-day moving average price of $11.83.

Paya Company Profile

Paya Holdings Inc, through its subsidiaries, provides integrated payment and commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiency. The company through two segments, Integrated Solutions and Payment Services. It processes payments through credit and debit card, ACH, and check payment processing solutions.

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Analyst Recommendations for Paya (NASDAQ:PAYA)

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