PagSeguro Digital Ltd. (NYSE:PAGS) Receives Average Recommendation of “Buy” from Brokerages
PagSeguro Electronic Ltd. (NYSE:PAGS – Get Rating) has been given an ordinary rating of “Buy” from the sixteen rankings companies that are presently covering the firm, MarketBeat Scores reports. 7 analysts have rated the inventory with a hold rating and nine have specified a buy rating to the corporation. The ordinary 12-thirty day period price tag focus on amongst brokers that have lined the stock in the past calendar year is $29.67.
Several equities analysts have just lately commented on PAGS shares. Itaú Unibanco upgraded shares of PagSeguro Electronic from a “market perform” rating to an “outperform” score and set a $31.00 target price for the organization in a research report on Wednesday, March 30th. Itau BBA Securities upgraded shares of PagSeguro Electronic from a “market perform” ranking to an “outperform” rating and set a $31.00 focus on cost for the business in a research report on Wednesday, March 30th. UBS Group lower shares of PagSeguro Digital from a “buy” ranking to a “neutral” rating and dropped their focus on selling price for the organization from $50.00 to $30.00 in a investigate report on Tuesday, January 4th. Susquehanna lowered their value goal on shares of PagSeguro Digital from $50.00 to $38.00 and set a “positive” ranking on the stock in a report on Wednesday, March 23rd. Eventually, Piper Sandler started out protection on shares of PagSeguro Electronic in a report on Wednesday, April 13th. They set an “overweight” rating and a $22.00 price concentrate on on the stock.
A number of substantial buyers have not too long ago acquired and sold shares of PAGS. Cash Investigate World-wide Traders grew its holdings in PagSeguro Electronic by 34.9% in the fourth quarter. Money Study Global Buyers now owns 38,275,886 shares of the company’s stock worth $1,003,623,000 right after acquiring an extra 9,910,156 shares all through the period. Invesco Ltd. lifted its stake in shares of PagSeguro Digital by 77.5% in the fourth quarter. Invesco Ltd. now owns 14,692,252 shares of the company’s inventory valued at $385,230,000 soon after buying an supplemental 6,413,713 shares in the very last quarter. Norges Bank bought a new position in shares of PagSeguro Electronic in the fourth quarter valued at $47,373,000. Palestra Capital Management LLC lifted its stake in shares of PagSeguro Digital by 100.3% in the third quarter. Palestra Capital Administration LLC now owns 3,571,755 shares of the company’s stock valued at $184,731,000 immediately after obtaining an additional 1,788,960 shares in the previous quarter. At last, Goldman Sachs Group Inc. lifted its stake in shares of PagSeguro Digital by 74.1% in the fourth quarter. Goldman Sachs Team Inc. now owns 3,443,646 shares of the company’s inventory valued at $90,292,000 following getting an additional 1,465,172 shares in the past quarter. Institutional investors and hedge funds have 56.75% of the company’s stock.
Shares of NYSE:PAGS opened at $14.71 on Friday. The organization has a 50 working day going average of $16.59 and a 200-day shifting normal of $23.37. The inventory has a sector capitalization of $4.84 billion, a PE ratio of 22.29, a PEG ratio of .73 and a beta of 1.59. PagSeguro Electronic has a 12 thirty day period small of $11.76 and a 12 month superior of $61.65.
PagSeguro Digital Corporation Profile (Get Ranking)
PagSeguro Electronic Ltd., alongside one another with its subsidiaries, offers money technological know-how methods and services for shoppers, personal entrepreneurs, micro-retailers, and tiny and medium-sized organizations in Brazil and internationally. The firm’s merchandise and products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clientele are capable to address their principal working day to working day economic requires, including acquiring and paying funds, and taking care of and growing their companies PagBank electronic account, which offers banking solutions by the PagBank mobile app and Free of charge PagSeguro electronic account, which centralizes several income-in possibilities, functionalities, services, and hard cash-out selections in a single ecosystem.
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