Analyst Coverage

COMPANY             ANALYST RECOMENDATION TARGET PRICE COSAN S.A. LATEST UPDATE
Morgan Stanley Javier Martinez
Roberto Browne
Equal-weight R$ 55.00 20/09/2019
BTG Pactual Pedro Soares
Thiago Duarte
Outperform R$65.00 09/15/2019
BofA Merrill Lynch Isabella Simonato
Danniela Eiger
Outperform R$57.00 07/15/2019
XP Investimentos

Gabriel Francisco

Outperform

R$64.00

07/14/2019

NAU Securities

Pedro Baptista

Outperform

R$54.50

06/27/2019

Bradesco Vicente Falanga Outperform

R$54.00

06/05/2019

Credit Suisse Regis Cardoso
Victor Saragiotto
Equal-weight

R$ 50.00

05/14/2019

JP Morgan Lucas Ferreira Outperform R$ 44.49

05/14/2019

Santander

Christian Audi
Gustavo Allevato

Equal-weight

R$ 40.00

05/13/2019

Citi Pedro Medeiros
Fernanda Cunha
Outperform

R$57.00

04/17/2019

UBS Luiz Carvalho
Gabriel Barra

Equal-weight

R$48.00

04/05/2019
Itaú BBA Antônio Barreto Outperform R$58.00 01/29/2019
HSBC Alexandre Falcão Outperform R$56.00 10/24/2018

MARKET CONSENSUS

Outperform 9
Equal-weight 4
Underperform 0

CONSENSUS TARGET PRICE COSAN S/A

Average Price R$54.08
Standard deviation 5.21
Higher R$65.00
Lower R$40.00
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