PagSeguro Digital Ltd. (NYSE:PAGS) shares have more than 28.14 percent upside potential from the existing levels. This is based on the revised price target of UBS Group at $ 54.00 on the stock. Incidentally, the brokerage raised its price objective by $ 10 from its earlier level of $ 44.00. However, UBS Group has maintained its Buy rating on the stock, Benzinga reported.
Shares of PagSeguro Digital Ltd. traded up $ 1.34 or 3.18 percent on Tuesday, reaching $ 43.48 with volume of 715.00 thousand shares. The stock opened positive for the day at $ 42.63, after closing the previous day trading at $ 42.14. According to the previous trading day, closing price of $ 42.14, representing a 210.31 % increase from the 52 week low of $ 13.58 and a 21.01 % decrease over the 52 week high of $ 53.35.
With respect to the key metrics, PagSeguro Digital Ltd. stock has advanced $ 12.27 or 39.00 percent, reaching $ 31.21 during the simple moving average (SMA) period of 200 days. Similarly, the stock has increased $ 3.86 or 10.00 percent, before arriving at $ 39.62 during the SMA50-day period.
PagSeguro Digital Ltd. provides financial technology solutions and services for micro-merchants, and small and medium-sized businesses in Brazil and internationally. The companys 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.
