Barclays analyst John Coffey maintained a Hold rating on Stoneco (STNE – Research Report) on April 26 and set a price target of $17.00. The company’s shares closed last Friday at $16.35.
According to TipRanks, Coffey is an analyst with an average return of -4.7% and a 44.00% success rate. Coffey covers the Technology sector, focusing on stocks such as Stoneco, Pagseguro Digital, and Nuvei Corp.
In addition to Barclays, Stoneco also received a Hold from Banco Santander’s Henrique Navarro in a report issued on April 17. However, on April 19, Susquehanna maintained a Buy rating on Stoneco (NASDAQ: STNE).
STNE market cap is currently $5.05B and has a P/E ratio of 15.93.
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Stoneco (STNE) Company Description:
Brazil-based StoneCo Ltd. provides financial technology solutions. It caters to merchants and partners that conduct electronic commerce across in-store, online, and mobile channels.
Read More on STNE:
- StoneCo Confirms Board and Ratifies Finances
- StoneCo price target lowered to $22 from $23 at Susquehanna
- StoneCo upgraded to Neutral from Underperform at Grupo Santander
- StoneCo adopts new internal accounting policy
- StoneCo Ltd. to Announce First Quarter 2024 Financial Results on May 13, 2024 and Adopt New Internal Accounting Policy
