In a report released today, Jason Kupferberg from Merrill Lynch maintained a Buy rating on Paypal Holdings (PYPL), with a price target of $102. The company’s shares opened today at $90.64, close to its 52-week high of $93.70.
According to TipRanks.com, Kupferberg is a top 100 analyst with an average return of 15.2% and a 68.8% success rate. Kupferberg covers the Technology sector, focusing on stocks such as Evo Payments Inc, Accenture, and Cognizant.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $100.43 average price target, implying a 10.8% upside from current levels. In a report issued on January 4, Goldman Sachs also maintained a Buy rating on the stock with a $98 price target.
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Paypal Holdings’ market cap is currently $106.5B and has a P/E ratio of 52.58. The company has a Price to Book ratio of 7.05.
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