Paypoint price target raised to 928 GBp from 722 GBp at Jefferies

Jefferies raised the firm’s price target on Paypoint (PYPTF) to 928 GBp from 722 GBp and keeps a Buy rating on the shares. Ahead of PayPoint’s first half results on November 21, the firm increased estimates to reflect transaction growth from key partnerships in e-commerce and L2S momentum.