Stock analysts at Bank of America started coverage on shares of PagSeguro Digital (NYSE:PAGS) in a research note issued to investors on Tuesday, February 20th, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $34.00 price target on the stock. Bank of America’s target price would suggest a potential downside of 4.17% from the company’s current price.
Several other brokerages also recently issued reports on PAGS. UBS Group started coverage on PagSeguro Digital in a research report on Friday, February 16th. They issued a “buy” rating and a $36.00 price target on the stock. Deutsche Bank initiated coverage on PagSeguro Digital in a research report on Tuesday, February 20th. They issued a “buy” rating and a $38.00 price target on the stock. Morgan Stanley initiated coverage on PagSeguro Digital in a research report on Monday, February 19th. They set an “overweight” rating and a $36.00 target price on the stock. Goldman Sachs Group initiated coverage on PagSeguro Digital in a research report on Monday, February 19th. They set a “buy” rating and a $32.00 target price on the stock. Finally, Susquehanna Bancshares initiated coverage on PagSeguro Digital in a research report on Friday, February 16th. They set a “neutral” rating and a $31.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $34.89.
PagSeguro Digital (NYSE:PAGS) traded down $0.46 during midday trading on Tuesday, reaching $35.48. The company’s stock had a trading volume of 1,432,583 shares, compared to its average volume of 2,330,000. PagSeguro Digital has a one year low of $26.78 and a one year high of $37.75. The company has a market capitalization of $10,910.00 and a price-to-earnings ratio of 73.92.
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PagSeguro Digital Ltd is a provider of financial technology solution company. The Company is focused primarily on micro-merchants, small companies and medium-sized companies in Brazil. The Company offers multiple digital payment solutions, In-person payments via POS devices that we sell to clients, free digital accounts, and withdrawing account balances.
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