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

Shares of Adyen N.V. Unsponsored ADR (OTCMKTS:ADYEY) have received an average rating of “Strong Buy” from the six research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a buy rating and four have given a strong buy rating to the company.

A number of research firms have recently issued reports on ADYEY. Truist Financial raised Adyen to a “strong-buy” rating in a report on Monday, June 2nd. Morgan Stanley reiterated an “overweight” rating on shares of Adyen in a research report on Friday, March 7th. Monness Crespi & Hardt restated a “buy” rating on shares of Adyen in a research report on Friday, May 2nd. Finally, Evercore ISI upgraded shares of Adyen to a “strong-buy” rating in a research note on Tuesday, April 8th.

Adyen Stock Down 0.1%

ADYEY opened at $18.00 on Friday. The business has a 50 day moving average price of $18.21 and a two-hundred day moving average price of $16.80. Adyen has a 52 week low of $10.78 and a 52 week high of $19.94.

Adyen Company Profile

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.