| COMPANY | ANALYST | RECOMMENDATION | PREVIOUS TARGET PRICE RUMO | CURRENT TARGET PRICE RUMO |
|---|---|---|---|---|
| BofA Merril Lynch | Murilo Freiberger | Outperform | R$ 24.00 | R$ 26.00 |
| Bradesco | Victor Mizusaki | Outperform | R$ 28.00 | R$ 27.00 |
| BTG Pactual | Lucas Marquiori | Outperform | R$ 24.00 | R$ 25.00 |
| Citibank | Stephen Trent | Outperform | R$ 24.00 | R$ 29.00 |
| Credit Suisse | Regis Carodoso | Outperform | R$ 22.00 | R$ 24.00 |
| Goldman Sachs | Bruno Amorim | Outperform | R$ 26.50 | R$ 30.40 |
| HSBC | Alexandre Falcão | Neutral | R$ 22.00 | R$ 24.00 |
| Itaú | André Hachem | Outperform | R$ 24.00 | R$ 28.00 |
| JP Morgan | Fernando Abdalla | Neutral | R$ 22.50 | R$ 26.50 |
| Morgan Stanley | Josh Milberg | Outperform | R$ 25.40 | R$ 27.00 |
| Safra | Luiz Peçanha | Outperform | R$ 24.00 | R$ 28.00 |
| Santander | Pedro Bruno | Outperform | R$ 22.50 | R$ 30.00 |
| UBS | Rogério Araújo | Outperform | R$ 22.50 | R$ 30.00 |
MARKET CONSENSUS
| Outperform | 11 |
| Equal-weight | 2 |
| Underperform | – |
CONSENSUS TARGET PRICE – RUMO3
| Average Price | R$ 27.19 |
| Standard deviation | 2.08 |
| Higher | R$ 30.40 |
| Lower | R$ 24.00 |
RECOMMENDATION SCALE
The definitions for analyst recommendations may vary for each broker but may be generally understood as: Outperform/Buy: Share expected to perform above the average performance of the shares covered by the analyst in the next 12 months. Equal-weight/Neutral: Share expected to perform in line with the average performance of the shares covered by the analyst in the next 12 months. Underperform/Sell: Share expected to perform below the average performance of the shares covered by the analyst in the next 12 months.
Last updated on June 24, 2020