Mizuho reiterated their hold rating on shares of Paypal (NASDAQ:PYPL) in a research note published on Thursday, January 4th. The brokerage currently has a $75.00 price target on the credit services provider’s stock.

Several other brokerages have also weighed in on PYPL. Credit Suisse Group reissued an outperform rating and issued a $70.00 price objective (up from $63.00) on shares of Paypal in a research report on Tuesday, October 10th. BTIG Research reissued a buy rating and issued a $81.00 price objective on shares of Paypal in a research report on Sunday, November 19th. Vetr raised shares of Paypal from a hold rating to a buy rating and set a $80.21 price objective on the stock in a research report on Wednesday, November 29th. Robert W. Baird increased their price objective on shares of Paypal from $80.00 to $85.00 and gave the company an outperform rating in a research report on Thursday, November 16th. Finally, Zacks Investment Research raised shares of Paypal from a hold rating to a buy rating and set a $84.00 price objective on the stock in a research report on Wednesday, December 20th. Ten analysts have rated the stock with a hold rating, thirty-three have given a buy rating and one has issued a strong buy rating to the company. Paypal presently has an average rating of Buy and an average price target of $76.55.

Paypal (NASDAQ:PYPL) opened at $84.31 on Thursday. The firm has a market cap of $101,330.00 and a PE ratio of 65.87. Paypal has a 1 year low of $39.02 and a 1 year high of $85.49.

In other Paypal news, Director Rodney C. Adkins acquired 6,750 shares of the company’s stock in a transaction that occurred on Friday, December 8th. The stock was acquired at an average price of $74.04 per share, for a total transaction of $499,770.00. Following the acquisition, the director now directly owns 10,149 shares in the company, valued at $751,431.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 6.00% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in PYPL. San Francisco Sentry Investment Group CA raised its holdings in Paypal by 352.8% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 1,562 shares of the credit services provider’s stock worth $100,000 after purchasing an additional 1,217 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new position in Paypal during the 3rd quarter worth approximately $113,000. Kistler Tiffany Companies LLC raised its holdings in Paypal by 511.9% during the 3rd quarter. Kistler Tiffany Companies LLC now owns 2,013 shares of the credit services provider’s stock worth $129,000 after purchasing an additional 1,684 shares during the last quarter. Cerebellum GP LLC bought a new position in Paypal during the 4th quarter worth approximately $131,000. Finally, Harvest Fund Management Co. Ltd raised its holdings in Paypal by 171.4% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 2,863 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 1,808 shares during the last quarter. Hedge funds and other institutional investors own 81.70% of the company’s stock.

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About Paypal

PayPal Holdings, Inc is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company’s combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom and Paydiant products, compose its Payments Platform.

Analyst Recommendations for Paypal (NASDAQ:PYPL)

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