Report
EUR 12.86 For Business Accounts Only

MULTIPLUS SA sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of MULTIPLUS SA (BR), a company active in the Business Support Services industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date April 12, 2019, the closing price was BRL 26.85 and its potential was estimated at BRL 29.86.
Underlying
Multiplus SA

Multiplus SA is a Brazil-based company engaged in the operation of customer loyalty programs. The Company is active in the development and management of customer loyalty programs, marketing of rights of rewards redemption, creation of databases of individuals and companies, obtaining and processing information related to transactional consumption habits, and provision of auxiliary services to the trade of goods and products, such as import and export services, among others. In addition, the Company also provides loyalty program management services to commercial partners. The Company's business partners include companies from various sectors of the economy, such as airlines, gas stations, bookstores, credit cards, banks and hotels. Tam SA is majority shareholder of the Company.

Provider
TheScreener
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