PagSeguro Digital Ltd. (NYSE:PAGS) Receives $14.00 Consensus PT from Analysts

Shares of PagSeguro Digital Ltd. (NYSE:PAGSGet Free Report) have received an average rating of “Moderate Buy” from the thirteen brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $14.00.

PAGS has been the subject of a number of recent research reports. KeyCorp upgraded shares of PagSeguro Digital to a “hold” rating in a research note on Friday, November 15th. The Goldman Sachs Group cut their price target on shares of PagSeguro Digital from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, November 15th. JPMorgan Chase & Co. lowered their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a research note on Monday, December 16th. Bank of America reissued a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Finally, Cantor Fitzgerald upgraded PagSeguro Digital to a “strong-buy” rating in a research report on Thursday, October 3rd.

View Our Latest Research Report on PagSeguro Digital

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PAGS. Y.D. More Investments Ltd lifted its holdings in PagSeguro Digital by 82.5% during the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company’s stock worth $47,000 after buying an additional 1,800 shares in the last quarter. Quarry LP boosted its holdings in PagSeguro Digital by 156.2% in the second quarter. Quarry LP now owns 6,242 shares of the company’s stock valued at $73,000 after acquiring an additional 3,806 shares during the last quarter. EverSource Wealth Advisors LLC acquired a new stake in PagSeguro Digital in the second quarter worth about $74,000. GW Henssler & Associates Ltd. acquired a new stake in PagSeguro Digital in the third quarter worth about $87,000. Finally, Point72 Hong Kong Ltd raised its holdings in PagSeguro Digital by 34.6% during the 3rd quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock worth $93,000 after purchasing an additional 2,767 shares during the last quarter. Institutional investors and hedge funds own 45.88% of the company’s stock.

PagSeguro Digital Trading Up 1.1 %

Shares of NYSE PAGS opened at $6.26 on Monday. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 5.17, a PEG ratio of 0.44 and a beta of 1.92. PagSeguro Digital has a one year low of $6.11 and a one year high of $14.98. The business has a fifty day simple moving average of $7.43 and a 200 day simple moving average of $9.71.

PagSeguro Digital Company Profile

(Get Free Report

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 payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.

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Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

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