Analyst Coverage

Institution Analyst Target price (R$)
Banco do Brasil Georgia Jorge 75.90
BofA Merrill Lynch Robert Ford 70.00
Citibank João Soares 80.00
Goldman Sachs Irma Sgarz 46.00
HSBC Felipe Cassimiro 73.00
Itaú Thiago Macruz 74.00
JP Morgan Joseph Giordano 54.00
Morgan Stanley Andrew Rubin 66.00
Nau Securities Alex Wright 70.00
XP Research Danniela Eiger 82.00

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.