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Analyst Coverage

Bank / Broker Rating Target Price (R$) Analyst Date
BofA Merrill Lynch Neutral 22.00 Leonardo Marcondes 06/17/2025
Bradesco Neutral 24.00 Vicente Falanga 08/19/2025
Gustavo Sadka
BTG Pactual Buy 26.00 Luiz Carvalho 09/04/2025
Citigroup Buy 22.50 Gabriel Barra 09/01/2025
Goldman Sachs Buy 22.30 Bruno Amorim 08/19/2025
Guilherme Costa Martins
João Frizo
Itaú Buy 28.00 Monique Greco 01/12/2025
J.P.Morgan Buy 23,00 Rodolfo Angele 05/21/2025
Milene Carvalho
Henrique Cunha
Morgan Stanley Neutral 23.00 Bruno Montanari 08/18/2025
Safra Neutral 22.00 Conrado Vegner 05/15/2025
Santander Buy 21.00 Rodrigo Almeida 08/13/2025
Eduardo Muniz
UBS Buy 25.00 Matheus Enfeldt 04/23/2025
XP Neutral 19.00 Regis Cardoso 01/20/2025
Target price consensus
Median 22.75
Higher 28.00
Lower 19.00

Updated on: 09/01/2025