Plenty of value in Payment companies
Report by Galliano's Financials Research
Victor Galliano highlights PagSeguro for its attractive valuations vs. its Brazilian and global peer group. Getnet is also considered too cheap to ignore despite its challenging relationship with Santander. While Nexi is the only European payments company added to Victor’s buy list - negative sentiment as a result of poor execution on past acquisitions is more than well discounted in the share price. In the megacap names, Mastercard remains a key pick.