Coverage and Consensus

Coverage and Consensus

ANALYST COVERAGE
Financial Institution Analyst Last Public Update Rating TP-12M
UBS Mariana Taddeo 01-Dec-2019 Buy $  54.0
Deutsche Bank Bryan Keane 08-Mar-2020 Buy $  52.0
Credit Suisse Daniel Federle 21-Jan-2020 Buy $  48.0
Santander Henrique Navarro 18-Nov-2019 Buy $  48.0
Autonomous Craig Meurer 17-Jan-2020 Buy $  46.0
Bank of America Mario Pierry 17-Dec-2019 Buy $  44.0
Guggenheim Jeff Cantwell 05-Mar-2020 Buy $  42.0
Evercore Rayna Kumar 04-Mar-2020 Buy $  41.0
Susquehanna James Friedman 27-Jan-2020 Buy $  41.0
Goldman Sachs Tito Labarta 11-Mar-2020 Buy $  40.0
Cantor Fitzgerald Joseph Foresi 27-Feb-2020 Buy $  39.0
HSBC Neha Agarwala 26-Mar-2020 Buy $  34.0
Citibank Felipe Salomão 23-Mar-2020 Buy $  33.0
Morgan Stanley Jorge Kuri 23-Mar-2020 Buy $  33.0
Itaú BBA Marco Calvi 26-Mar-2020 Buy $  28.0
KeyBanc Josh Beck 22-Mar-2020 Buy $  20.0
Nau Securities Alex Wright 17-Dec-2019 Hold $  38.0
J.P. Morgan Domingos Falavina 03-Mar-2020 Hold $  37.0
BTG Pactual Eduardo Rosman 10-Mar-2020 Hold $  31.5
Bradesco Victor Schabbel 26-Mar-2020 Sell $  16.0
Consensus-Avg $  38.3



MARKET CONSENSUS
Street Estimates 2020e
Total Revenue and Income 6,725.8
NON-GAAP Net Income 1,740.6
Net Margin 25.9%
PAGS considers estimates from the 20 analysts covering PAGS.



Top 10 Updated Street Estimates 2020e
Total Revenue and Income 6,383.8
NON-GAAP Net Income 1,630.4
Net Margin 25.5%
Considering only the last 10 updated estimates from the analysts covering PAGS.