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

Key Points

• Adyen N.V. (OTCMKTS:ADYEY) has received an average analyst rating of "Buy", with one hold recommendation, three buys, and two strong buys among six analysts.
• Recent changes in ratings include Wolfe Research downgrading Adyen from "strong-buy" to "hold" while Truist Financial upgraded it to "strong-buy."
• The stock opened at $16.31 and has a fifty-two week trading range between $12.68 and $19.94, with current moving averages indicating potential stability.

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY - Get Free Report) has been given an average rating of "Buy" by the six analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

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

Adyen Price Performance

ADYEY opened at $16.31 on Monday. Adyen has a fifty-two week low of $12.68 and a fifty-two week high of $19.94. The company's 50 day moving average price is $18.00 and its two-hundred day moving average price is $17.35.

About Adyen

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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