Investor Relations
X

Analyst coverage

Institution Analyst Recommendation Target Price B3/ADR Phone E-mail
Barclays Pablo Monsivais Equal weight USD 4.50 +1 212 526 1094 pablo.monsivais@barclays.com
BofA Rogério Araujo  Underperform R$ 2.00 / USD 1.00 +55 11 2188 4255 rogerio.araujo@bofa.com
Bradesco Andre Ferreira Neutral R$ 1.30 +55 11 99608 4771 andre.ferreira@bradescobbi.com.br
BTG Pactual Lucas Marquiori Neutral R$ 17.00 +55 11 3383 9119 lucas.marquiori@btgpactual.com
Citi Stephen Trent +1 212 816 6901 stephen.trent@citi.com
Deutsche Bank Michael Linenberg Buy USD 1.50 +1 212 250 9254 michael.linenberg@db.com
Goldman Sachs Bruno Amorim Neutral  R$ 4.60 / USD 2.40 + 55 11 3371-0764 bruno.amorim@gs.com
HSBC Cenk Orçan Hold R$3.50 +90 212 376 46 14 cenkorcan@hsbc.com.tr
Itaú BBA Gabriel Rezende
+55 11 3073-3019 gabriel.rezende@itaubba.com
J.P. Morgan Guilherme Mendes Neutral +55 11 4950 4105 guilherme.g.mendes@jpmorgan.com
Morgan Stanley Jens Spiess +52 55 5282 6614 jens.spiess@morganstanley.com
Raymond James Savanthi Syth Market Perform +1 727 567 5274 savanthi.syth@raymondjames.com
Santander Lucas Barbosa +55 11 3553 5320 ltbarbosa@santander.com.br
Seaport Global Daniel McKenzie Neutral +1 646 760 5496 dmckenzie@seaportrp.com
UBS Alberto Valerio Neutral R$ 5.00 + 55 11 2767 6918 alberto.valerio@ubs.com
XP Investimentos Pedro Bruno Neutral R$ 4.10 + 55 11 3526 1452 pedro.bruno@xpi.com.br
Last update: May 23, 2025