Kroton is covered by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Krotonīs performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Company or its management. Kroton does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations. The Company does not warrant that the above list of analysts is complete nor updated, and the information herein provided are subject to the authorization of the analysts.

Firm Analyst Recommendation Target Price Target Price
Last Revision
Target Price
Date
BB Investimentos Mário Bernardes Junior
+55 11 3149 8438
+55 11 3149 8584
Buy R$ 17.50 08/17/2015 Dec/2017
BofA Merrill Lynch Roberto Otero
+55 11 2188 4119
Buy R$ 24.00 10/04/2017 Dec/2018
Bradesco Corretora Luciano Campos
+55 11 3371 8194
Neutral R$ 23.00 10/04/2017 Dec/2018
Brasil Plural Eduardo Nishio
Guilherme Assis
Joaquim Atie
+55 11 3206 8244
Neutral R$ 18.50 09/04/2017 Dec/2018
BTG Pactual Rodrigo Gastim
Gustavo Cambauva
+55 11 3383 2468
Buy R$ 17.00 12/20/2016 Dec/2017
Citibank Lucio Aldworth
+55 11 4009 2058
Matheus Nascimento
+55 11 4009 3639
Neutral R$ 21.00 10/15/2017 Dec/2018
Coinvalores Sandra Peres
Felipe Martins Silveira
+55 11 3094 7873
Buy Under Review - -
Credit Suisse Tobias Stingelin
+55 11 3701 6301
Buy R$ 16.00 08/12/2016 Dec/2017
HSBC Ricardo Rezende
+44 20 3268 3325
Alexandre Falcão
+1 212 5254449
Neutral R$ 14.00 06/29/2017 Dec/2017
Itaú Susana Salaru
+55 11 3073 3009
Vitor Tomita
+55 11 3073 3199
Neutral R$ 18.50 08/18/2017 Dec/2018
JP Morgan Marcelo Santos
Andre Baggio
+55 11 4950 3756
Buy R$ 21.50 09/13/2017 Dec/2018
Morgan Stanley Javier Martinez
Thiago Bortoluci
+55 11 3048 6039
Buy R$ 27.40 09/17/2017 Dec/2018
Safra Marcio Osako
+55 11 3175 7517
Neutral R$ 20.80 10/11/2017 Dec/2018
Santander João Noronha
+55 11 3012 5734
Leonardo Olmos
+55 11 3012 5757
Neutral R$ 17.00 07/11/2017 Dec/2018
UBS Maria Tereza Azevedo
+55 11 3513 6516
Buy R$ 24.00 10/16/2017 Dec/2018

Recommendation and Target
Price (R$)
Recommendation Target Price
Buy 8 Average R$ 20.01
Neutral 7 Standard Deviation 3.59
Sell 0 Highest R$ 27.40
Lowest R$ 14.00

Recommendation Scale:

The definitions for analyst recommendations may vary for each broker but may be generally understood as:

Overweight/Buy: Share expected to perform above the average performance of the shares covered by the analyst in the next 12 months.

Neutral/Hold: Share expected to perform in line with the average performance of the shares covered by the analyst in the next 12 months.

Underweight/Sell: Share expected to perform below the average performance of the shares covered by the analyst in the next 12 months.


Contact IR

Phone: (55 11) 3133-7309
E-mail: dri@kroton.com.br