Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Stock Rated “Moderate Buy” by Sell-Side Analysts

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) has been given a consensus recommendation of “Moderate Buy” by the eleven research firms that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research analysts recently commented on ADYEY shares. Scotiabank started coverage on shares of Adyen in a research note on Wednesday, September 2nd. They set an “outperform” rating on the stock. Wolfe Research restated an “outperform” rating on shares of Adyen in a research report on Tuesday, August 25th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Adyen in a research note on Friday, August 14th. Loop Capital initiated coverage on Adyen in a research report on Wednesday, July 15th. They set a “hold” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Adyen in a research report on Friday, August 14th.

Adyen Stock Down 2.0%

Shares of OTCMKTS:ADYEY opened at $10.53 on Friday. The company has a 50 day moving average of $10.86 and a 200-day moving average of $10.50. Adyen has a twelve month low of $8.93 and a twelve month high of $18.34.

Adyen Company Profile

Adyen N.V. is a Netherlands-based financial technology company that operates a global payments platform for businesses. The company enables merchants to accept and process payments through online, mobile and in-person channels using a single technology platform.

Its services include payment processing, transaction risk management, authentication, recurring billing and reporting. Adyen also offers point-of-sale solutions, payment methods and financial products designed for platforms and marketplaces, including card issuing and embedded financial services.