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

Adyen logo with Computer and Technology background

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY - Get Free Report) have earned an average recommendation of "Strong Buy" from the six brokerages that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a buy rating and four have assigned a strong buy rating to the company.

Several equities research analysts have weighed in on ADYEY shares. Monness Crespi & Hardt restated a "buy" rating on shares of Adyen in a research note on Friday, May 2nd. Truist Financial raised shares of Adyen to a "strong-buy" rating in a report on Monday, June 2nd. Morgan Stanley reissued an "overweight" rating on shares of Adyen in a report on Friday, March 7th. Finally, Evercore ISI upgraded shares of Adyen to a "strong-buy" rating in a research report on Tuesday, April 8th.

Check Out Our Latest Report on Adyen

Adyen Stock Down 0.2%

Shares of OTCMKTS:ADYEY traded down $0.04 on Friday, hitting $17.98. 2,329,054 shares of the company's stock were exchanged, compared to its average volume of 633,377. The business's 50 day simple moving average is $18.16 and its two-hundred day simple moving average is $16.78. Adyen has a 12 month low of $10.78 and a 12 month high of $19.94.

About Adyen

(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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