Analyst coverage

Bank Recommendation Target price (R$) Analyst Date
BofA Merrill Lynch Neutral 28.00 Leonardo Marcondes 02/13/2026
Bradesco Buy 34.00 Vicente Falanga
Gustavo Sadka
12/15/2025
BTG Pactual Buy 39.00 Rodrigo Almeida
Gustavo Cunha
04/22/2026
Citigroup Buy 33.00 Gabriel Barra
Pedro Gama
04/22/2026
Goldman Sachs Neutral 31.60 Bruno Amorim
Guilherme Costa Martins
João Frizo
03/25/2026
Itaú Buy 32.00 Monique Greco 02/01/2026
J.P.Morgan Buy 35.00 Rodolfo Angele
Milene Carvalho
Henrique Cunha
04/15/2026
Morgan Stanley Neutral 26.00 Bruno Montanari 04/22/2026
Safra Neutral 32.00 Conrado Vegner 03/25/2026
Santander Buy 27.00 Eduardo Muniz 01/22/2026
Scotiabank Buy 29.00 Jorge Gabrich 03/04/2026
UBS Buy 35.00 Tasso Vasconcellos 04/26/2026
XP Neutral 31.00 Regis Cardoso 04/23/2026
Ratings
Buy 8
Neutral 5
Sell 0

Updated on: 02/13/2026

Target price consensus
Median 31.60
Higher 39.00
Lower 26.00

Updated on: 04/27/2026

  • Buy / Outperform / Overweight = Analyst’s expectation that the stock will outperform the average return rate of all the stocks covered by that analyst
  • Neutral / Market perform / Equal weight = Analyst’s expectation that the stock will perform in line with the average return rate of all the stocks covered by that analyst
  • Sell / Underperform / Underweight = Analyst’s expectation that the stock will underperform the average return rate of all the stocks covered by that analyst