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Analyst Coverage

Institution Analyst Target Price (R$)
Banco do Brasil Georgia Jorge 113.40
Banco Inter Breno de Paula 103.00
Bank of America Merrill Lynch Robert Ford 145.00
Bradesco Richard Cathcart 120.00
Brasil Plural Antonio Castrucci 126.00
BTG Pactual Luiz Guanais 120.00
Citibank Tobias Stingelin 139.50
Credit Suisse  Victor Saragiotto 100.00
Eleven Financial Daniela Bretthauer 132.00
Goldman Sachs Irma Sgarz 92.00
HSBC Ravi Jain 115.00
Itaú Thiago Macruz  128.00
JP Morgan Joseph Giordano 87.00
Morgan Stanley Andrew Rubin 92.00
Safra Guilherme Assis 100.00
Santander Ruben Couto 103.00
UBS Gustavo Oliveira 133.00
XP Research Pedro Fagundes   135.00  

B2W is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding B2W's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of B2W or its management. B2W does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.

3Q20

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