Analyst Coverage

Institution Analyst Target price (R$)
Banco do Brasil Georgia Jorge 24.00
Banco Inter Breno Paula 32.00
BofA Merrill Lynch Robert Ford 30.00
Bradesco João Andrade 25.00
BTG Pactual Luiz Guanais 29.00
Citibank João Soares 26.00
Credit Suisse Victor Saragiotto 36.00
Eleven Financial Felipe Demolein 37.00
Goldman Sachs Irma Sgarz 17.00
HSBC Felipe Cassimiro 26.00
Itaú Thiago Macruz 40.00
JP Morgan Joseph Giordano 17.00
Morgan Stanley Andrew Rubin 20.00
Nau Securities Alex Wright 70.00
Safra Vitor Pini 30.00
Santander Ruben Couto 35.00
XP Research Danniela Eiger 20.00

Americanas is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Americanas’s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Americanas or its management. Americanas does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.