PagSeguro Digital (NYSE:PAGS) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Tuesday.

A number of other equities analysts also recently weighed in on the stock. Citigroup raised shares of PagSeguro Digital from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 13th. Zacks Investment Research raised shares of PagSeguro Digital from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Tuesday, November 6th. Deutsche Bank dropped their price target on shares of PagSeguro Digital from $47.00 to $40.00 and set a “buy” rating on the stock in a research note on Friday, August 31st. Finally, Itau BBA Securities assumed coverage on shares of PagSeguro Digital in a research note on Friday, July 27th. They issued an “outperform” rating and a $37.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $35.58.

NYSE PAGS opened at $21.91 on Tuesday. PagSeguro Digital has a 1-year low of $20.02 and a 1-year high of $39.97. The firm has a market capitalization of $2.60 billion and a PE ratio of 38.44.

PagSeguro Digital (NYSE:PAGS) last posted its quarterly earnings results on Thursday, August 30th. The company reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.03. The company had revenue of $279.20 million during the quarter, compared to analyst estimates of $248.46 million. Research analysts predict that PagSeguro Digital will post 0.8 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of PAGS. Capital Research Global Investors boosted its holdings in PagSeguro Digital by 11,977.6% in the third quarter. Capital Research Global Investors now owns 14,361,261 shares of the company’s stock worth $397,376,000 after purchasing an additional 14,242,353 shares in the last quarter. Artisan Partners Limited Partnership boosted its holdings in PagSeguro Digital by 2,586.4% in the second quarter. Artisan Partners Limited Partnership now owns 8,259,082 shares of the company’s stock worth $229,190,000 after purchasing an additional 7,951,637 shares in the last quarter. Winslow Capital Management LLC bought a new stake in PagSeguro Digital in the second quarter worth $195,864,000. Federated Investors Inc. PA bought a new stake in PagSeguro Digital in the second quarter worth $97,334,000. Finally, Janus Henderson Group PLC boosted its holdings in PagSeguro Digital by 264.8% in the third quarter. Janus Henderson Group PLC now owns 4,647,944 shares of the company’s stock worth $128,609,000 after purchasing an additional 3,373,784 shares in the last quarter.

About PagSeguro Digital

PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, an end-to-end 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; 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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Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

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