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Barclays Stick to Their Hold Rating for Evo Payments Inc

Published 05/09/2021, 09:11 PM
Updated 05/09/2021, 09:11 PM


Barclays (LON:BARC) analyst Ramsey El Assal maintained a Hold rating on Evo Payments (NASDAQ:EVOP) Inc on Friday, setting a price target of $30, which is approximately 4.82% above the present share price of $28.62.

El Assal expects Evo Payments Inc to post earnings per share (EPS) of -$0.03 for the second quarter of 2021.

The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Evo Payments, with an average price target of $30.17.
The analysts price targets range from a high of $35 to a low of $27.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $116.67 million and a net profit of $14.47 million. The company's market cap is $1.19 billion.

According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.5% and a 68.86% success rate.

EVO Payments, Inc. is a holding company, which engages in the acquisition of merchant business. nIt also offers payment and commerce solutions. It operates through the North America and Europe geographical segments. The North America segment comprises the geographical markets of the United States, Canada, and Mexico. The Europe segment includes operations in the Czech Republic, Germany, Ireland, Poland, Spain, and the United Kingdom, as well as supporting merchants in France, Austria, Italy, the Nordics, and other Central and Eastern European. The company was founded by Rafik R. Sidhom in 1989 and is headquartered in Atlanta, GA.

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