Investor Relations
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Analyst coverage

Institution Analyst Recommendation Target Price B3/ADR Phone E-mail
Barclays Pablo Monsivais Equal weight USD 4.50 +1 212 526 1094 [email protected]
BofA Rogério Araujo  Underperform R$ 2.00 / USD 1.00 +55 11 2188 4255 [email protected]
Bradesco Andre Ferreira Outperform R$ 5.00 +55 11 99608 4771 [email protected]
BTG Pactual Lucas Marquiori Neutral R$ 1.50 +55 11 3383 9119 [email protected]
Citi Stephen Trent +1 212 816 6901 [email protected]
Deutsche Bank Michael Linenberg Buy USD 3.00 +1 212 250 9254 [email protected]
Goldman Sachs Bruno Amorim Neutral  R$ 4.60 / USD 2.40 + 55 11 3371-0764 [email protected]
HSBC Cenk Orçan Hold R$3.50 +90 212 376 46 14 [email protected]
Itaú BBA Gabriel Rezende
+55 11 3073-3019 [email protected]
J.P. Morgan Guilherme Mendes Neutral +55 11 4950 4105 [email protected]
Morgan Stanley Jens Spiess +52 55 5282 6614 [email protected]
Raymond James Savanthi Syth Outperform USD 5.00 +1 727 567 5274 [email protected]
Santander Lucas Barbosa +55 11 3553 5320 [email protected]
Seaport Global Daniel McKenzie Neutral +1 646 760 5496 [email protected]
UBS Alberto Valerio Neutral R$ 5.00 + 55 11 2767 6918 [email protected]
XP Investimentos Pedro Bruno Neutral R$ 4.10 + 55 11 3526 1452 [email protected]
Last update: May 9, 2025
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