Nuvei Co. (TSE:NVEI) Receives Average Rating of “Moderate Buy” from Brokerages

Nuvei Co. (TSE:NVEI – Get Rating) has been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is C$68.63.

Separately, The Goldman Sachs Group upgraded shares of Nuvei to a “buy” rating and set a C$35.00 target price for the company in a research report on Monday, January 9th.

Nuvei Stock Performance

Shares of NVEI stock opened at C$45.19 on Tuesday. The company has a market capitalization of C$2.95 billion, a price-to-earnings ratio of 86.90, a PEG ratio of 0.23 and a beta of 2.94. The company has a debt-to-equity ratio of 26.16, a quick ratio of 1.05 and a current ratio of 1.88. The company has a 50-day simple moving average of C$42.61 and a 200 day simple moving average of C$40.39. Nuvei has a 52 week low of C$32.20 and a 52 week high of C$98.80.

Nuvei Company Profile

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Nuvei Corporation provides payment technology solutions to merchants and partners in North America, Europe, the Middle East and Africa, Latin America, and the Asia Pacific. It provides a suite of payment solutions to support lifecycle of a transaction across mobile or in-app, online, unattended, and in-store channels.