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Paypoint ( (GB:PAY) ) just unveiled an announcement.
PayPoint has partnered with Lloyds Banking Group to offer over 30,000 cash deposit points across the UK, enhancing access to cash services for Lloyds, Halifax, and Bank of Scotland customers. This initiative supports PayPoint’s growth strategy and aims to contribute to its £100m EBITDA target, while reinforcing its position as a key player in providing essential community services.
The most recent analyst rating on (GB:PAY) stock is a Buy with a £928.00 price target. To see the full list of analyst forecasts on Paypoint stock, see the GB:PAY Stock Forecast page.
Spark’s Take on GB:PAY Stock
According to Spark, TipRanks’ AI Analyst, GB:PAY is a Neutral.
Paypoint’s overall stock score is driven by a mixed financial performance and bearish technical indicators. The company’s valuation is relatively high, but the dividend yield offers some appeal. Positive corporate events, particularly the share buyback programs, provide a boost by indicating strategic capital management and confidence in future prospects.
To see Spark’s full report on GB:PAY stock, click here.
More about Paypoint
PayPoint Group delivers innovative technology and services to businesses and consumers, serving a diverse range of organizations including SMEs, local authorities, and multinational service providers. It operates across four core divisions: Shopping, E-commerce, Payments and Banking, and Love2shop, providing solutions such as payment technologies, parcel delivery, and gifting services through a vast retail network.
Average Trading Volume: 180,691
Technical Sentiment Signal: Strong Buy
Current Market Cap: £506.6M
See more data about PAY stock on TipRanks’ Stock Analysis page.