Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Receives Consensus Rating of “Buy” from Analysts

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) have been given an average recommendation of “Buy” by the six brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company.

ADYEY has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Adyen in a report on Friday, August 15th. Wolfe Research downgraded Adyen from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 22nd. Monness Crespi & Hardt reaffirmed a “buy” rating on shares of Adyen in a report on Friday, August 15th. Finally, Truist Financial raised Adyen to a “strong-buy” rating in a report on Monday, June 2nd.

Adyen Stock Up 1.0%

Adyen stock opened at $16.95 on Monday. Adyen has a 52 week low of $12.6750 and a 52 week high of $19.94. The stock has a 50-day moving average price of $17.83 and a 200 day moving average price of $17.35.

Adyen Company Profile

Adyen N.V. operates a payments platform in Europe, the Middle East, Africa, North America, the Asia Pacific, Latin America. The company's platform integrates payments stack that include gateway, risk management, processing, issuing, acquiring, and settlement services. It offers a back-end infrastructure for authorizing.