Analyst coverage

Bank Recommendation Target price (R$) Analyst Date
BofA Merrill Lynch Buy 40.00 Leonardo Marcondes 08/05/2026
Bradesco Buy 41.00 Vicente Falanga
Gustavo Sadka
08/12/2026
BTG Pactual Buy 39.00 Rodrigo Almeida
Gustavo Cunha
04/22/2026
Citigroup Buy 40.00 Gabriel Barra
Pedro Gama
10/26/2026
Goldman Sachs Neutral 33.90 Bruno Amorim
Guilherme Costa Martins
João Frizo
10/26/2026
Itaú Buy 43.00 Monique Greco 08/19/2026
J.P.Morgan Hold 42.50 Rodolfo Angele
Milene Carvalho
Henrique Cunha
10/22/2026
Morgan Stanley Sell 36.00 Bruno Montanari 10/07/2026
Safra Buy 43.00 Conrado Vegner 08/24/2026
Santander Buy 48.00 Eduardo Muniz 09/15/2026
Scotiabank Buy 43.00 Jorge Gabrich 09/17/2026
UBS Buy 41.00 Tasso Vasconcellos 09/04/2026
XP Neutral 41.00 Regis Cardoso 10/28/2026
Ratings
Buy 9
Neutral 3
Sell 1

Updated on: 10/27/2026

Target price consensus
Median 41.00
Higher 48.00
Lower 33.70

Updated on: 10/27/2026

  • 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