PayPal Holdings (PYPL) Receives a Hold from TD Cowen
TD Cowen analyst Bryan Bergin maintained a Hold rating on PayPal Holdings (PYPL – Research Report) today. The company's shares closed yesterday at $73.58.
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Bergin covers the Technology sector, focusing on stocks such as Accenture, Exlservice Holdings, and Genpact. According to TipRanks, Bergin has an average return of 2.0% and a 47.70% success rate on recommended stocks.
PayPal Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $80.07, an 8.82% upside from current levels. In a report released yesterday, Piper Sandler also initiated coverage with a Hold rating on the stock with a $74.00 price target.
PYPL market cap is currently $71.56B and has a P/E ratio of 16.51.
Based on the recent corporate insider activity of 38 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. Earlier this month, Diego Scotti, the EVP, GM, Consumer Group of PYPL sold 3,839.00 shares for a total of $281,129.97.
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