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Recommendation and Target Price (R$)

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# Brokers: 6 Fiscal Year: 2010 Format: BRGAAP
Consensus Recommendation Consensus Target Price
Buy 50% Mean R$ 20.2
Hold/Neutral 50% Standard Deviation 5.0
Sell 0% Highest R$ 26.0
    Lowest R$ 13.0
Recommendation and Target Price Detailed by Brokers
Brokers Recommendation Initial Coverage Target Price for SCAR3 Last Revision
Banif Buy March 07, 2008 23.0 March 07, 2008
Coinvalores Buy November 27, 2008 16.5 November 27, 2008
Credit Suisse Buy June 01, 2007 26.0 June 01, 2007
Itaś Neutral April 16, 2007 25.7 October 23, 2007
Link Neutral August 10, 2007 17.0 September 10, 2008
Santander Hold October 29, 2007 13.0 November 10, 2008

Rating Scale:
The definitions for analysts' recommendations may vary among brokerage firms, but, in general, they may be defined as:
1 = Overweight/Buy: The analyst expect that, over the next twelve months, this stock will outperform the average return of all stocks in the analyst's coverage universe.
2 = Neutro/Hold: The analyst expect that, over the next twelve months, this stock will perform in line with the average return of the stocks in the analyst's coverage universe.
3 = Underweight/Sell: The analyst expects that, over the next twelve months, this stock will underperform the average return of the stocks in the analyst's coverage universe.

 

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