Raymond James Thinks VersaPay’s Stock is Going to Recover


In a latest note to investors, a research analyst has provided a rating update for the VersaPay (VPY). Analyst Brenna Phelan from Raymond James reiterated a Buy rating, with a C$3.30 price target today.

According to TipRanks.com, Phelan is ranked #2264 out of 5129 analysts.

Currently, the analyst consensus on VersaPay is a Moderate Buy with an average price target of C$3.15.

The company has a one-year high of C$2.74 and a one-year low of C$1.14. Currently, VersaPay has an average volume of 32.2K.

VersaPay Corp. engages in the development of innovative cloud-based solutions. Its products include presentment, collaboration, collections, payments, cash application, insights, security, integration, and editions.

The company’s shares closed on Monday at C$1.20, close to its 52-week low of C$1.14.

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