12:41:52 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Nuvei Corp
Symbol NVEI
Shares Issued 63,369,615
Close 2024-03-08 C$ 31.43
Market Cap C$ 1,991,706,999
Recent Sedar Documents

Globe says RBC's Perlin keeps Nuvei at "outperform"

2024-03-08 07:35 ET - In the News

The Globe and Mail reports in its Friday, March 8, edition that RBC Capital analyst Dan Perlin has reaffirmed his "outperform" recommendation for Nuvei. The Globe's David Leeder writes in the Eye On Equities column that Mr. Perlin gave his share target a $5 boost to $34. Analysts on average target the shares at $36.77. Mr. Perlin says in a note, "4Q23 print was slightly above expectations with positive momentum in the business continuing and in some categories accelerating, but guidance, which we believe is conservative, likely weighs on the stock, as it's back-end loaded with management calling for a revenue growth exit rate in line with its medium-term targets of 15 to 20 per cent and adj. EBITDA margin pressure related to the acquisition of Till Payments in 1Q24." The Globe reported on Oct. 27 that National Bank Financial analysts Richard Tse and John Shao had reaffirmed their "outperform" call for Nuvei. The shares could then be had for $13.53. The Globe reported on Jan. 26 that Mr. Tse continued to rate Nuvei "outperform." The shares were then worth $24.71.

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