Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Stock Rated “Moderate Buy” by Wall Street Brokerages

by · The Markets Daily

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has given a strong buy recommendation to the company.

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

View Our Latest Research Report on ADYEY

Adyen Stock Up 3.2%

ADYEY opened at $9.96 on Tuesday. The company has a fifty day moving average price of $10.94 and a two-hundred day moving average price of $10.51. Adyen has a 1-year low of $8.93 and a 1-year high of $18.34.

Adyen Company Profile

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Adyen N.V. is a Netherlands-based financial technology company that provides a global payments platform for businesses. Founded in Amsterdam in 2006 by Pieter van der Does and Ingo Uytdehaage, the company enables merchants to accept and process payments through a single technology platform.

Adyen’s services support online, mobile and in-person transactions, with access to payment methods, card acquiring and local payment infrastructure in markets around the world. Its platform also includes tools for payment optimization, fraud prevention, risk management and transaction data analysis.

In addition to payment processing, Adyen offers embedded financial products such as issuing and business accounts, allowing companies to create payment cards and provide financial services to their users or employees.

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