In a report released today, Sebastien Sztabowicz from Kepler Capital maintained a Buy rating on Adyen (ADYYF – Research Report), with a price target of EUR3200.00. The company’s shares closed last Tuesday at $3196.45, close to its 52-week high of $3300.00.
According to TipRanks.com, Sztabowicz is a 3-star analyst with an average return of 2.7% and a 54.0% success rate. Sztabowicz covers the Technology sector, focusing on stocks such as Infineon Technologies AG, Infineon, and ams AG.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adyen with a $3313.58 average price target, a 4.2% upside from current levels. In a report issued on September 8, BNP Paribas also upgraded the stock to Buy with a EUR3600.00 price target.
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The company has a one-year high of $3300.00 and a one-year low of $1662.96. Currently, Adyen has an average volume of 226.
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Adyen NV engages in the provision of payments platform business. Its products include online payments, point of sale, marketplaces, and unified commerce. It operates through the following geographical segments: Europe, North America, Latin America, Asia-Pacific, and Rest of the World. The company was founded by Pieter van der Does and Arnout Schuijff in 2006 and is headquartered in Amsterdam, the Netherlands.
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