Analysts Recommendations
| Recommendation and Target Price (R$) | ||
|---|---|---|
| Broker | Recommendation | Target Price (R$) |
| Banco do Brasil | Buy | 42.50* |
| Bank of America Merrill Lynch | Neutral | 42.50* |
| Bradesco | Buy | 102.00 |
| Brasil Plural | Buy | 90.00 |
| BTG Pactual | Buy | 47.00* |
| Citi | Buy | 105.00 |
| Credit Suisse | Buy | 112.00 |
| Eleven Financial | Buy | 40.00* |
| Goldman Sachs | Neutral | 24.00* |
| HSBC | Neutral | 80.00 |
| Itaú BBA | Buy | 39.00* |
| J.P.Morgan | Buy | 38.00* |
| Morgan Stanley | Neutral | 28.00* |
| Safra | Buy | 102.00 |
| Santander | Buy | 132.00 |
| UBS | Buy | 95.00 |
| XP Investimentos | Neutral | 39.00* |
*Recommendation and target price after spin-off of the cash & carry operation
