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Earnings Estimates
Recommendations and Price Target

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# Brokers: 17 Fiscal Year: 2010 Format: BRGAAP
Consensus Recommendations Consensus Price Targe
Buy 88% Mean R$ 26.19
Sell 6% Standard Deviation R$ 3.63
Neutral / Hold 6% Highest R$ 30.00
  Lowest R$ 17.13
 
Recommendations and Price Target (R$) Detailed by Brokers
Brokers Recommendations Price Target (Preferred Share) Price Target Last Rev.
BANCO DO BRASIL Buy 29.40 07/23/2010
BES Buy 28.60 10/21/2009
BRADESCO Outperform 26.30 06/30/2010
BRASCAN Outperform 26.25 12/28/2009
BTG Pactual Buy 27.00 01/04/2010
CITIGROUP Hold 21.00 06/15/2010
CREDIT SUISSE Outperform 24.50 05/31/2010
GOLDMAN SACHS Under Review Under Review 07/02/2010
HSBC Overweight 28.00 06/29/2010
ITAŚ Outperform 27.20 06/21/2010
JP MORGAN Overweight 30.00 01/26/2010
LINK INVESTIMENTOS Outperform 30.00 01/22/2010
MERRILL LYNCH Buy 23.00 07/01/2010
RAYMOND JAMES Underperform 17.13 06/09/2010
SANTANDER Buy 25.00 05/26/2010
SPINELLI Under Review Under Review Under Review
VOTORANTIM Buy 29.50 02/23/2010
 
 

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