Institution Target Price Recommendation Analyst 
Banco do Brasil BRL 34.0 Buy Rafael Dias
Bank of America - BofA BRL 35.0 Buy Gustavo Faria
Bradesco BBI BRL 34.0 Hold Francisco Navarrete
BTG Pactual BRL 29.0 Hold Antonio Junqueira
Citibank BRL 29.0 Hold João Pimentel
Genial Investimentos BRL 31.0 Hold Vitor Souza
HSBC BRL 29.0 Hold Lilyanna Yang
Itaú BBA BRL 36.7 Buy Fillipe Andrade
JP Morgan  BRL 26.5 Hold Arthur Pereira
Morgan Stanley BRL 28.0 Hold Fernando Amaral
Safra BRL 28.3 Sell Daniel Travitzky
Santander BRL 33.8 Buy Andre Sampaio
UBS BRL 35.0 Hold Pedro Manfredini
XP Investimentos BRL 32.3 Hold Raul Cavendish
 
Average BRL 31.5
Median BRL 31.7
Highest BRL 36.7
Lowest BRL 26.5

Updated on October 6, 2026.