Afterpay Touch Group Ltd (ASX: APT)According to a note out of Ord Minnett, its analysts have retained their buy rating and lifted the price target on this payments company’s shares to $36.50. Ord Minnett was pleased with Afterpay’s trading update and notes strong momentum in the ANZ, UK, and US markets. It also appears pleased with the company’s partnership with eBay Australia which will commence in 2020. I agree with Ord Minnett and would class its shares as a buy.
APT Price at posting:
$30.46 Sentiment: Buy Disclosure: Held
