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

Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) has received an average recommendation of “Buy” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

Several equities analysts recently issued reports on ADYEY shares. Truist Financial raised shares of Adyen to a “strong-buy” rating in a report on Monday, June 2nd. Monness Crespi & Hardt reissued a “buy” rating on shares of Adyen in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Adyen in a report on Friday, August 15th. Finally, Wolfe Research downgraded shares of Adyen from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 22nd.

Adyen Price Performance

Shares of ADYEY stock opened at $17.24 on Monday. Adyen has a 12-month low of $12.6750 and a 12-month high of $19.94. The firm has a 50-day moving average price of $17.73 and a 200 day moving average price of $17.36.

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.