| Earnings Estimates 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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