PagSeguro Electronic Ltd. (NYSE:PAGS – Get Rating) shares rose 7.3% during mid-working day buying and selling on Friday . The company traded as higher as $11.25 and previous traded at $11.25. Roughly 8,365 shares adjusted hands during trading, a decrease of 100% from the typical day by day quantity of 3,502,878 shares. The stock had formerly shut at $10.48.
PAGS has been the issue of a number of new analyst stories. Itau BBA Securities lifted shares of PagSeguro Digital from a “market perform” rating to an “outperform” ranking and set a $31.00 concentrate on price for the company in a investigation notice on Wednesday, March 30th. Piper Sandler initiated coverage on shares of PagSeguro Digital in a analysis note on Wednesday, April 13th. They established an “overweight” ranking and a $22.00 target selling price for the organization. The Goldman Sachs Group lowered their concentrate on cost on shares of PagSeguro Digital from $27.00 to $19.00 and set a “neutral” score for the company in a research observe on Wednesday, April 20th. New Road Exploration downgraded PagSeguro Digital from a “buy” rating to a “neutral” score and set a $18.00 price objective for the business. in a report on Monday, Could 9th. Eventually, Itaú Unibanco upgraded PagSeguro Electronic from a “market perform” score to an “outperform” score and established a $31.00 value aim for the business in a report on Wednesday, March 30th. Seven expense analysts have rated the inventory with a keep ranking and 10 have issued a invest in rating to the company’s inventory. Dependent on info from MarketBeat.com, PagSeguro Electronic now has an common ranking of “Moderate Buy” and a consensus target selling price of $26.82.
The company has a sector capitalization of $3.67 billion, a P/E ratio of 15.69, a P/E/G ratio of .50 and a beta of 1.67. The stock’s fifty day uncomplicated moving ordinary is $13.67 and its 200 working day basic transferring common is $17.83.
Institutional traders have lately created changes to their positions in the company. Bellwether Advisors LLC obtained a new situation in shares of PagSeguro Digital in the course of the fourth quarter valued at about $34,000. Provida Pension Fund Administrator acquired a new place in shares of PagSeguro Electronic throughout the fourth quarter valued at about $52,000. Advisors Asset Management Inc. obtained a new place in shares of PagSeguro Electronic throughout the very first quarter valued at about $66,000. Asset Management One Co. Ltd. improved its holdings in shares of PagSeguro Digital by 77.% all through the fourth quarter. Asset Administration One particular Co. Ltd. now owns 2,829 shares of the company’s inventory valued at $72,000 following obtaining an further 1,231 shares in the final quarter. Lastly, Eaton Vance Management increased its holdings in shares of PagSeguro Digital by 403.2% all through the fourth quarter. Eaton Vance Management now owns 6,376 shares of the company’s stock valued at $125,000 right after getting an added 5,109 shares in the last quarter. Institutional investors and hedge resources personal 57.31% of the company’s inventory.
About PagSeguro Electronic (NYSE:PAGS)
PagSeguro Electronic Ltd., together with its subsidiaries, delivers financial technologies remedies and products and services for consumers, particular person business people, micro-merchants, and compact and medium-sized businesses in Brazil and internationally. The firm’s products and solutions and services contain PagSeguro Ecosystem, a digital ecosystem that operates as a shut loop in which its clientele are capable to address their main working day to working day money needs, together with obtaining and expending money, and handling and increasing their businesses PagBank electronic account, which offers banking products and services by way of the PagBank mobile application, as effectively as centralizes various funds-in possibilities, functionalities, solutions, and money-out choices in a one ecosystem and PlugPag, a resource for medium-sized and much larger merchants that allows them to link their stage of sale (POS) system directly to their enterprise useful resource planning software or gross sales automation program by means of Bluetooth.
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