Business
Top broker tips Openpay (ASX:OPY) share price to rocket 130% higher
It certainly wasn’t a great start to the week for the Openpay Group Ltd (ASX: OPY) share price.
The buy now pay later (BNPL) provider’s shares started the week with a disappointing 6% decline to $2.15.
This means the Openpay share price is now down 30% over the last six months.
Is this a buying opportunity?
One leading broker that appears to see the weakness in the Openpay share price as a buying opportunity is Shaw & Partners.
According to a note from late last week, the broker has reaffirmed its buy (high risk) rating and $5.00 price target.
Based on the current Openpay share price, this price target implies potential upside of 132%…
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