Pagseguro Digital Ltd (PAGS) Receives a Buy from KeyBanc

By Carrie Williams

In a report released today, Josh Beck from KeyBanc maintained a Buy rating on Pagseguro Digital Ltd (PAGSResearch Report), with a price target of $60. The company’s shares closed last Monday at $46.52, close to its 52-week high of $48.88.

According to, Beck is a top 100 analyst with an average return of 24.9% and a 80.3% success rate. Beck covers the Technology sector, focusing on stocks such as Total System Services, Coupa Software Inc, and I3 Verticals Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Pagseguro Digital Ltd with a $49.60 average price target, a 5.4% upside from current levels. In a report issued on August 6, Deutsche Bank also maintained a Buy rating on the stock with a $57 price target.

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Pagseguro Digital Ltd’s market cap is currently $15.28B and has a P/E ratio of 52.14. The company has a Price to Book ratio of 9.

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PagSeguro Digital Ltd. engages in the provision of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies, or Small Medium Enterprises. Its business model covers the following pillars: Multiple digital payment solutions; In-person payments via POS devices that sell to merchants; Free digital accounts; Issuer of prepaid cards to clients for spending or withdrawing account balances, and Operating as an acquirer. The company was founded on 2006 and is headquartered in Sau Paulo, Brazil.