Repay Holdings (RPAY) Received its Third Buy in a Row


After Canaccord Genuity and BTIG gave Repay Holdings (NASDAQ: RPAY) a Buy rating last month, the company received another Buy, this time from Credit Suisse. Analyst Timothy Chiodo maintained a Buy rating on Repay Holdings yesterday and set a price target of $17.00. The company’s shares closed last Wednesday at $15.05.

According to TipRanks.com, Chiodo is a 1-star analyst with an average return of -5.7% and a 35.3% success rate. Chiodo covers the Technology sector, focusing on stocks such as Fidelity National Info, Global Payments, and Paypal Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Repay Holdings with a $19.33 average price target, which is a 28.4% upside from current levels. In a report issued on March 29, Canaccord Genuity also maintained a Buy rating on the stock with a $21.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $19.58 and a one-year low of $10.19. Currently, Repay Holdings has an average volume of 631.8K.

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RPAY 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.

Repay Holdings Corp. engages in the provision of integrated payment processing solutions to verticals that have specific transaction processing needs. The company is headquartered in Atlanta, GA.

Read More on RPAY:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts