Barrington analyst Gary Prestopino assigned a Buy rating to JetPay Corporation (NASDAQ: JTPY) today and set a price target of $3. The company’s shares opened today at $2.10.
Prestopino commented:
“We have an OUTPERFORM investment rating on the shares with a price target of $3.”
According to TipRanks.com, Prestopino is a 3-star analyst with an average return of 3.9% and a 51.4% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Student Transportation, and Liquidity Services.
JetPay Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $3.
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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 JetPay Payment Processing, and JetPay HR and Payroll segments.
