PagSeguro Digital Ltd. (NYSE:PAGS) Given Consensus Rating of “Moderate Buy” by Analysts

PagSeguro Digital Ltd. (NYSE:PAGS) has received an average rating of “Moderate Buy” from the thirteen research firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation, six have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $13.18.

Several brokerages have recently commented on PAGS. KeyCorp raised shares of PagSeguro Digital to a “hold” rating in a research note on Friday, November 15th. Citigroup reiterated a “neutral” rating and set a $7.00 price target (down previously from $17.00) on shares of PagSeguro Digital in a research report on Thursday, January 16th. Cantor Fitzgerald upgraded shares of PagSeguro Digital to a “strong-buy” rating in a research report on Thursday, October 3rd. Barclays reduced their price target on shares of PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 15th. Finally, JPMorgan Chase & Co. reduced their price target on shares of PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a research report on Monday, December 16th.

Institutional Investors Weigh In On PagSeguro Digital

Institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC purchased a new stake in shares of PagSeguro Digital during the second quarter valued at approximately $74,000. Quarry LP grew its holdings in shares of PagSeguro Digital by 156.2% during the second quarter. Quarry LP now owns 6,242 shares of the company’s stock valued at $73,000 after buying an additional 3,806 shares during the last quarter. GW Henssler & Associates Ltd. purchased a new stake in shares of PagSeguro Digital during the third quarter valued at approximately $87,000. Point72 Hong Kong Ltd grew its holdings in shares of PagSeguro Digital by 34.6% during the third quarter. Point72 Hong Kong Ltd now owns 10,767 shares of the company’s stock valued at $93,000 after buying an additional 2,767 shares during the last quarter. Finally, Virtu Financial LLC purchased a new stake in shares of PagSeguro Digital during the third quarter valued at approximately $98,000. Hedge funds and other institutional investors own 45.88% of the company’s stock.

PagSeguro Digital Trading Down 0.2 %

Shares of NYSE:PAGS opened at $6.64 on Friday. The company has a market cap of $2.19 billion, a price-to-earnings ratio of 5.48, a price-to-earnings-growth ratio of 0.41 and a beta of 1.94. The company has a 50-day moving average price of $6.90 and a 200-day moving average price of $9.17. PagSeguro Digital has a 12 month low of $6.11 and a 12 month high of $14.98.

PagSeguro Digital Company Profile

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.