PayPoint (OTCMKTS:PYPTF) Raised to Hold at Zacks Investment Research

PayPoint (OTCMKTS:PYPTF – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Thursday, Zacks.com reports.

According to Zacks, “PayPoint Plc provides cash, card and contactless payments to utility companies, retailers, transport firms, mobile phone providers and government. The services provided by the company include PayPoint One, ATM’s, CollectPlus, SIMs and Western Union. PayPoint Plc is headquartered in Hertz, United Kingdom. “

Separately, Barclays reiterated a “sell” rating and set a $540.00 price objective on shares of PayPoint in a report on Thursday, May 19th.

Shares of PYPTF opened at $7.00 on Thursday. PayPoint has a 1 year low of $7.00 and a 1 year high of $7.00. The stock’s 50-day moving average price is $7.06 and its two-hundred day moving average price is $7.19.

About PayPoint (Get Rating)

PayPoint plc provides payments and banking, shopping, and E-commerce services and products in the United Kingdom. It offers bill payment services, such as over-the-counter payments, digital bill payments, and cash out services; top-ups, including mobiles phones, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIM cards, EPoS, and receipt advertising.

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