UBS Group Initiates Coverage on PagSeguro Digital (NYSE:PAGS)

Research analysts at UBS Group began coverage on shares of PagSeguro Digital (NYSE:PAGS) in a research note issued to investors on Friday, February 16th, 99wallstreet.com reports. The firm set a “buy” rating and a $36.00 price target on the stock. UBS Group’s target price would indicate a potential upside of 1.47% from the company’s previous close.

PagSeguro Digital (NYSE PAGS) traded down $0.46 during mid-day trading on Friday, hitting $35.48. 1,432,583 shares of the company were exchanged, compared to its average volume of 2,330,000. PagSeguro Digital has a 1-year low of $26.78 and a 1-year high of $37.75. The firm has a market cap of $10,910.00 and a PE ratio of 73.92.

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PagSeguro Digital Company Profile

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.

Analyst Recommendations for PagSeguro Digital (NYSE:PAGS)

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