PagSeguro Digital (NYSE:PAGS) had its target price upped by Deutsche Bank Aktiengesellschaft from $60.00 to $75.00 in a research report sent to investors on Monday, The Fly reports. They currently have a buy rating on the stock.
Several other analysts have also recently weighed in on PAGS. KeyCorp raised their target price on shares of PagSeguro Digital from $50.00 to $60.00 and gave the company an overweight rating in a report on Wednesday, December 16th. JPMorgan Chase & Co. upgraded shares of PagSeguro Digital from a neutral rating to an overweight rating and boosted their target price for the stock from $41.00 to $61.00 in a research note on Monday, February 1st. Zacks Investment Research upgraded PagSeguro Digital from a sell rating to a buy rating and set a $59.00 price target on the stock in a research note on Thursday, January 14th. The Goldman Sachs Group raised PagSeguro Digital from a neutral rating to a buy rating and upped their price objective for the stock from $42.00 to $70.00 in a research report on Tuesday, January 19th. Finally, New Street Research assumed coverage on PagSeguro Digital in a research report on Friday, January 29th. They set a buy rating and a $64.00 target price on the stock. One analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. PagSeguro Digital has an average rating of Buy and a consensus price target of $56.90.
Shares of PAGS opened at $58.35 on Monday. The stock has a 50-day simple moving average of $55.56 and a 200-day simple moving average of $46.29. The stock has a market capitalization of $19.13 billion, a PE ratio of 70.30 and a beta of 1.64. PagSeguro Digital has a 1 year low of $13.58 and a 1 year high of $62.83.
About PagSeguro Digital
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 banking services through the PagBank mobile app; and Free PagSeguro digital account, which centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem.
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