PagSeguro Digital Ltd. (NYSE:PAGS – Get Rating) has received an average recommendation of “Buy” from the sixteen brokerages that are currently covering the company, Marketbeat Ratings reports. Seven analysts have rated the stock with a hold rating and nine have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $29.67.
A number of equities research analysts have recently weighed in on the stock. Cantor Fitzgerald initiated coverage on shares of PagSeguro Digital in a report on Friday, April 8th. They issued an “overweight” rating and a $25.00 price objective for the company. HSBC lowered shares of PagSeguro Digital from a “buy” rating to a “hold” rating and lowered their price target for the company from $57.00 to $23.00 in a report on Monday, January 31st. Itaú Unibanco upgraded shares of PagSeguro Digital from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Wednesday, March 30th. Itau BBA Securities upgraded shares of PagSeguro Digital from a “market perform” rating to an “outperform” rating and set a $31.00 price target for the company in a report on Wednesday, March 30th. Finally, Evercore ISI began coverage on shares of PagSeguro Digital in a research report on Friday, February 18th. They set a “hold” rating and a $19.00 price objective on the stock.
Shares of PAGS opened at $14.71 on Friday. The firm has a market cap of $4.84 billion, a price-to-earnings ratio of 22.29, a PEG ratio of 0.73 and a beta of 1.59. PagSeguro Digital has a fifty-two week low of $11.76 and a fifty-two week high of $61.65. The firm has a 50 day moving average price of $16.59 and a 200-day moving average price of $23.37.
PagSeguro Digital Company Profile (Get Rating)
PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers banking services through the PagBank mobile app; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.
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