Analyst coverage

Banco / corretora 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 31.00 Luiz Carvalho
Pedro Soares
01/15/2026
Citigroup Buy 27.00 Gabriel Barra
Pedro Gama
01/30/2026
Goldman Sachs Neutral 29.20 Bruno Amorim
Guilherme Costa Martins
João Frizo
09/25/2025
Itaú Buy 32.00 Monique Greco
Bruna Amorim
02/01/2026
J.P.Morgan Buy 26.50 Rodolfo Angele
Milene Carvalho
Henrique Cunha
12/01/2025
Morgan Stanley Neutral 26.00 Bruno Montanari 02/03/2026
Safra Neutral 22.00 Conrado Vegner 05/15/2025
Santander Buy 27.00 Rodrigo Almeida
Eduardo Muniz
22/01/2026
Scotiabank Buy 26.00 Jorge Gabrich 10/17/2025
UBS Buy 30.00 Matheus Enfeldt 12/15/2025
XP Neutral 28.00 Regis Cardoso 02/02/2026
Ratings
Buy 8
Neutral 5
Sell 0

Updated on: 02/13/2026

Target price consensus
Median 28.00
Higher 34.00
Lower 22.00

Updated on: 02/13/2026

  • 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