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 presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, seven have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $14.00.

A number of research firms recently weighed in on PAGS. The Goldman Sachs Group reduced their price objective 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. KeyCorp upgraded PagSeguro Digital to a “hold” rating in a research report on Friday, November 15th. JPMorgan Chase & Co. dropped their price objective on PagSeguro Digital from $16.00 to $11.00 and set a “neutral” rating on the stock in a report on Monday, December 16th. Bank of America reaffirmed a “neutral” rating on shares of PagSeguro Digital in a report on Tuesday, December 10th. Finally, Barclays lowered their price target on shares of PagSeguro Digital from $16.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th.

PagSeguro Digital Price Performance

Shares of PAGS opened at $6.28 on Monday. PagSeguro Digital has a 1 year low of $6.11 and a 1 year high of $14.98. The stock’s fifty day moving average price is $7.35 and its two-hundred day moving average price is $9.63. The firm has a market cap of $2.07 billion, a PE ratio of 5.19, a PEG ratio of 0.44 and a beta of 1.94.

Institutional Investors Weigh In On PagSeguro Digital

Hedge funds have recently added to or reduced their stakes in the company. Y.D. More Investments Ltd lifted its position in PagSeguro Digital by 82.5% in 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 during the last quarter. Quarry LP raised its stake in shares of PagSeguro Digital by 156.2% during the second quarter. Quarry LP now owns 6,242 shares of the company’s stock worth $73,000 after acquiring an additional 3,806 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in shares of PagSeguro Digital in the 2nd quarter worth approximately $74,000. GW Henssler & Associates Ltd. purchased a new stake in shares of PagSeguro Digital in the 3rd quarter valued at $87,000. Finally, Point72 Hong Kong Ltd raised its position in PagSeguro Digital by 34.6% in 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 period. Institutional investors own 45.88% of the company’s stock.

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.