How Analysts Feel About Paypal Holdings Inc After Today’s Bullish Options Activity?

 How Analysts Feel About Paypal Holdings Inc After Today's Bullish Options Activity?

In today’s session Paypal Holdings Inc (PYPL) registered an unusually high (1,706) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious PYPL increase. With 1,706 contracts traded and 32704 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: PYPL170120C00044000 closed last at: $0.75 or 19.4% down. About 2.03 million shares traded hands. Paypal Holdings Inc (NASDAQ:PYPL) has risen 6.10% since April 5, 2016 and is uptrending. It has outperformed by 4.14% the S&P500.

Paypal Holdings Inc (NASDAQ:PYPL) Ratings Coverage

Out of 35 analysts covering PayPal Holdings Inc (NASDAQ:PYPL), 18 rate it a “Buy”, 3 “Sell”, while 14 “Hold”. This means 51% are positive. $54 is the highest target while $31 is the lowest. The $43.23 average target is 3.30% above today’s ($41.85) stock price. PayPal Holdings Inc has been the topic of 62 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Monday, August 3 by Compass Point. As per Thursday, July 23, the company rating was initiated by Morgan Stanley. The firm has “Underweight” rating given on Tuesday, July 21 by Piper Jaffray. As per Thursday, September 3, the company rating was maintained by Deutsche Bank. The company was initiated on Tuesday, July 21 by RBC Capital Markets. The stock has “Outperform” rating given by Credit Suisse on Friday, July 22. The rating was initiated by Canaccord Genuity on Friday, September 25 with “Buy”. RBC Capital Markets maintained Paypal Holdings Inc (NASDAQ:PYPL) rating on Thursday, April 28. RBC Capital Markets has “Outperform” rating and $46 price target. Barclays Capital maintained it with “Overweight” rating and $47 target price in Friday, October 14 report. First Analysis initiated the shares of PYPL in a report on Monday, July 27 with “Overweight” rating.

According to Zacks Investment Research, “PayPal Holdings, Inc. is a technology platform company. The Company offers online payment solution which allows customers to pay and get paid, withdraw funds to their bank accounts and hold balances in their PayPal accounts in various currencies. It payment platform includes PayPal, PayPal Credit, Venmo and Braintree products. PayPal Holdings, Inc. is based in San Jose, California.”

PayPal Holdings, Inc. is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The company has a market cap of $50.96 billion. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. It has a 37.13 P/E ratio. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo and Xoom products, comprise its Payments Platform.

PYPL Company Profile

PayPal Holdings, Inc. (PayPal), incorporated on January 30, 2015, is a technology platform firm that enables digital and mobile payments on behalf of clients and merchants across the world. The Firm allows businesses of all sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions. The Company’s combined payment solution capabilities, including its PayPal, PayPal Credit, Braintree, Venmo, and Xoom products, comprise its Payments Platform. It allows its clients to use their account to both purchase and be paid for goods, as well as transfer and withdraw funds. A consumer can typically fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card or other stored value products, such as coupons and gift cards. PayPal, Venmo, and Xoom products allow friends and family to transfer funds to each other, including cross border transfers using several of these funding sources. It offers merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as access to funds. It helps merchants connect with their clients and manage risk. The Payments Platform connects with financial institutions around the world and allows clients to make purchases using a range of payment methods, regardless of where a merchant is located. Consumers using its Payments Platform can engage in cross-border shopping by sending payments in over 200 markets across the world and in over 100 currencies.

More notable recent Paypal Holdings Inc (NASDAQ:PYPL) news were published by: Fool.com which released: “Better Buy: Square Inc vs. PayPal Holdings Inc” on November 07, 2016, also Fool.com with their article: “Why PayPal Holdings Inc. Stock Popped Today” published on October 21, 2016, Fool.com published: “Why PayPal Holdings Inc. Stock Jumped 10.3% in September” on October 11, 2016. More interesting news about Paypal Holdings Inc (NASDAQ:PYPL) were released by: Profitconfidential.com and their article: “Paypal Holdings Inc: The Bullish Moonshot in PYPL Stock Has Begun” published on October 26, 2016 as well as Profitconfidential.com‘s news article titled: “Paypal Holdings Inc: PYPL Stock is Putting a Breakout to the Test” with publication date: November 02, 2016.

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