UBS analyst Hannes Leitner maintained a Buy rating on Adyen (ADYYF – Research Report) today and set a price target of EUR2853.00. The company’s shares closed last Friday at $3101.00, close to its 52-week high of $3300.00.
Leitner has an average return of 93.4% when recommending Adyen.
According to TipRanks.com, Leitner is ranked #441 out of 7675 analysts.
Adyen has an analyst consensus of Moderate Buy, with a price target consensus of $3316.69, which is a 2.9% upside from current levels. In a report issued on September 10, HSBC also maintained a Buy rating on the stock with a EUR3200.00 price target.
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Adyen’s market cap is currently $95.99B and has a P/E ratio of 342.80. The company has a Price to Book ratio of 57.45.
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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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