Barrington analyst Gary Prestopino maintained a Buy rating on JetPay Corporation (NASDAQ: JTPY) today and set a price target of $3. The company’s shares opened today at $1.75, close to its 52-week low of $1.60.
Prestopino wrote:
“We believe JetPay will begin to market to these agencies starting in 2019.”
According to TipRanks.com, Prestopino is a 4-star analyst with an average return of 16.5% and a 66.7% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Liquidity Services, and Ritchie Bros.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JetPay Corporation with a $3 average price target.
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JetPay Corp. engages in the provision of payment services, which includes debit and credit card processing, payroll, and human capital management services, and card services to businesses and their employees throughout the United States. It operates through the following business segments: JetPay Payment Processing, and JetPay HR & Payroll.
