20 US fintech stocks traded at least 50% below analyst price targets in October

Twenty U.S. financial technology and payments stocks were trading at least 50% below analysts' consensus mean one-year price targets as of Oct. 29, the last trading day of the month.

With an implied upside at 201.5%, Cambridge, Mass.-based EverQuote Inc. was the most heavily discounted stock among the companies in this analysis as the company's shares have dropped 63.1% this year. However, seven of the eight analysts covering the stock currently give it a buy recommendation.

Priority Technology Holdings Inc. was the second-most discounted stock, with an upside to price target of 165.2%. The payment service provider's stock has dropped by a quarter this year. On Sept. 17, the company completed its $970 million acquisition of banking-as-a-service platform provider Finxera Holdings Inc.

Among the companies in this analysis that started trading in the last 12 months, Bright Health Group Inc. had the greatest implied upside at 87.9%, and seven of the nine analysts covering the stock have a buy recommendation.

On the other hand, two companies with buy strength below 50% were trading above analysts' one-year price targets.

GreenSky Inc. and ExlService Holdings Inc. were traded at premiums of 29.2% and 1.2%, respectively.