In a report released yesterday, Dominick Gabriele from Oppenheimer maintained a Buy rating on Paypal Holdings (PYPL), with a price target of $322.00. The company’s shares closed last Wednesday at $247.40.
According to TipRanks.com, Gabriele is a 4-star analyst with an average return of 19.6% and a 65.4% success rate. Gabriele covers the Financial sector, focusing on stocks such as Discover Financial Services, Capital One Financial, and Synchrony Financial.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Paypal Holdings with a $315.00 average price target, representing a 23.6% upside. In a report issued on April 20, BTIG also maintained a Buy rating on the stock with a $345.00 price target.
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Paypal Holdings’ market cap is currently $293.8B and has a P/E ratio of 74.10. The company has a Price to Book ratio of 31.31.
Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PYPL in relation to earlier this year.
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.
PayPal Holdings, Inc. is a digital payments platform that enables its customers to send and receive payments. Its solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle and Hyperwallet products. The company was founded in December 1998 and is headquartered in San Jose, CA.
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