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Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) Given Consensus Rating of "Buy" by Analysts

Adyen logo with Computer and Technology background

Key Points

  • Adyen N.V. has received an average consensus recommendation of "Buy" from six research firms, with various ratings including three buys and two strong buys.
  • Recent analysts' actions show a shift in ratings, with Wolfe Research downgrading Adyen from a "strong-buy" to a "hold" while Truist Financial upgraded it to "strong-buy".
  • Adyen's stock price opened at $15.96, and the company has a fifty-two week low of $12.68 and a high of $19.94, indicating market volatility.
  • MarketBeat previews top five stocks to own in November.

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY - Get Free Report) have received a consensus rating of "Buy" from the six analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and two have issued a strong buy recommendation on the company.

Several equities analysts have issued reports on ADYEY shares. Monness Crespi & Hardt reiterated a "buy" rating on shares of Adyen in a research note on Friday, August 15th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Adyen in a research report on Friday, August 15th. Truist Financial upgraded shares of Adyen to a "strong-buy" rating in a research note on Monday, June 2nd. Finally, Wolfe Research lowered Adyen from a "strong-buy" rating to a "hold" rating in a report on Tuesday, July 22nd.

Get Our Latest Stock Analysis on Adyen

Adyen Stock Up 3.2%

OTCMKTS ADYEY traded up $0.50 during midday trading on Friday, hitting $16.14. 232,945 shares of the company traded hands, compared to its average volume of 651,502. Adyen has a 52 week low of $12.68 and a 52 week high of $19.94. The company's 50-day simple moving average is $17.06 and its 200-day simple moving average is $17.19.

Adyen Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Adyen (OTCMKTS:ADYEY)

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