Raymond James Reaffirms Their Hold Rating on Square Inc


In a report released today, Wayne Johnson from Raymond James maintained a Hold rating on Square Inc (NYSE: SQ). The company’s shares opened today at $63.65, close to its 52-week high of $64.85.

According to TipRanks.com, Johnson is ranked #251 out of 4832 analysts.

Currently, the analyst consensus on Square Inc is Moderate Buy and the average price target is $57.31, representing a -10.0% downside.

In a report issued on June 6, Credit Suisse also maintained a Hold rating on the stock with a $44 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $64.85 and a one-year low of $22.66. Currently, Square Inc has an average volume of 11.55M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Square, Inc. engages in the provision of credit card payment processing solutions. The firm offers additional point-of-sale services, financial services, and marketing services. The company was founded by Jack Dorsey and Jim McKelvey in February 2009 and is headquartered in San Francisco, CA.

Read More on SQ:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts