On Jun 27, 2018 19.95 % to Target, PayPal Holdings (NASDAQ:PYPL) Stock “Buy” Rating Reaffirmed by Bank of America.

June 27, 2018 - By Lindsey Price

PayPal Holdings, Inc. (NASDAQ:PYPL) Corporate Logo

Reiterated PayPal Holdings (NASDAQ:PYPL) Rating.

After Bank of America’s $98 price target was revealed to clients on Tuesday morning, PayPal Holdings (NASDAQ:PYPL) would indicate 19.95 % upside potential.

PayPal Holdings, Inc. (NASDAQ:PYPL) Ratings Coverage

A total of 26 analysts rate Paypal Holdings (NASDAQ:PYPL) as follows: 20 “Buy”, 6 “Hold” and 0 “Sell”. Тherefore 77% are bullish. (NASDAQ:PYPL) has 46 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Thursday, February 1 Mizuho maintained PayPal Holdings, Inc. (NASDAQ:PYPL) with “Hold” rating. On Thursday, February 1 the rating was maintained by Stifel Nicolaus with “Hold”. On Friday, May 25 Stifel Nicolaus upgraded PayPal Holdings, Inc. (NASDAQ:PYPL) to “Buy” rating. On Wednesday, February 14 the firm has “Outperform” rating given by Credit Suisse. The company rating was maintained by KeyBanc Capital Markets on Tuesday, April 10. On Thursday, April 26 the rating was maintained by Credit Suisse with “Outperform”. On Thursday, April 26 Stifel Nicolaus maintained PayPal Holdings, Inc. (NASDAQ:PYPL) with “Hold” rating. On Friday, May 18 the rating was maintained by Robert W. Baird with “Buy”. On Tuesday, June 26 Bank of America maintained PayPal Holdings, Inc. (NASDAQ:PYPL) rating. Bank of America has “Buy” rating and $98 target. On Thursday, January 4 the rating was maintained by Mizuho with “Hold”.

PYPL reached $81.7 during the last trading session after $0.62 change.Currently PayPal Holdings, Inc. is uptrending after 58.96% change in last June 27, 2017. PYPL has also 3.34M shares volume. PYPL outperformed by 46.39% the S&P500.

PayPal Holdings, Inc. (NASDAQ:PYPL)’s earnings report is anticipated on July, 25., according to RTT. Analysts have expectation on stock’s EPS of $0.41. That’s up 13.89 % from last year’s $0.36 EPS. PYPL’s profit could reach $486.83 million if the current EPS of $0.41 is accurate. Analysts at Wall Street see PayPal Holdings, Inc.’s -8.89 % negative EPS growth compared to $0.45 EPS for previous quarter.

PayPal Holdings, Inc. operates as a technology platform firm that enables digital and mobile payments on behalf of clients and merchants worldwide.The firm is valued at $97.01 billion. The Company’s payment solutions include PayPal, PayPal Credit, Braintree, Venmo, Xoom, and Paydiant products.The P/E ratio is 52.04. The company's platform allows clients to shop by sending payments, withdraw funds to their bank accounts, and hold balances in their PayPal accounts in various currencies.

For more PayPal Holdings, Inc. (NASDAQ:PYPL) news brought out briefly go to: Seekingalpha.com, Fool.com, Seekingalpha.com, Fool.com or Fool.com. The titles are as follows: “PayPal to buy Hyperwallet for $400M cash” brought out on June 19, 2018, “PayPal Has Made 3 Acquisitions in Just Over a Month” on June 24, 2018, “PayPal Is Strengthening Its Moat As It Prepares For Accelerated Global Expansion” with a publish date: June 25, 2018, “Better Buy: Square Inc. vs. Mastercard” and the last “PayPal Goes Head-to-Head With Square’s Debit Card” with publication date: June 27, 2018.

PayPal Holdings, Inc. (NASDAQ:PYPL) Analyst Ratings Chart

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