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Paypoint plc 20.3% Potential Upside Indicated by JP Morgan Cazenove

Paypoint plc with EPIC/TICKER (LON:PAY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. Paypoint plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 1183 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.3% from today’s opening price of 983 GBX. Over the last 30 and 90 trading days the company share price has decreased 22 points and decreased 24 points respectively. The 1 year high for the share price is 1176.51 GBX while the 52 week low for the share price is 700 GBX.

Paypoint plc has a 50 day moving average of 1,014.91 GBX and the 200 Day Moving Average price is recorded at 1,025.76. There are currently 68,135,256 shares in issue with the average daily volume traded being 77,999. Market capitalisation for LON:PAY is £676,583,092 GBP.

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