Cielo SA (CIEL3.SA)
R$ -0.76 (-1.88%)
|Market Cap (Mil.):||R$ 63,675.35|
|Shares Outstanding (Mil.):||1,572.23|
Analysts at UBS Securities and Grupo BTG Pactual revised their price targets for shares in Brazilian card payment processor Cielo SA following the release of second-quarter results. In a client note on Thursday, UBS analysts led by Frederic de Mariz lowered the 12-month target for the stock to 52 reais from 54 reais previously, while keeping a "buy" recommendation after cutting annual estimates. "Even though second-quarter profit was a small beat, cost pressure disappointed high market expectati
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SAO PAULO, July 30 - Costs per transaction at Brazilian card payment processor Cielo SA are likely to fall next year, compared with its forecast for 2014, Chief Executive Officer Rômulo Dias said on Wednesday.
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SAO PAULO, July 29 - Cielo SA, Brazil's largest card payment processor, missed second-quarter profit estimates as rising general, administrative and financial expenses offset robust volume growth and revenue from prepayments.
Brazilian card payment processor Cielo SA and software maker Linx SA on Monday announced a joint venture to help small retailers manage and automate their businesses.
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Banco do Brasil SA, Banco Bradesco SA, two of Brazil's largest commercial lenders, and card payment processor Cielo SA agreed to create a new payment settlement system for e-commerce transactions, according to a securities filing on Wednesday.
Earnings vs. Estimates
Analyst Research Reports
Provider: Wright Reports
Cielo SA: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime
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