Analyst Coverage

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

Company Analysts Recommendation Target Price Last Revision
BofA Merrill Lynch

Roberto Otero
+55 (11) 2188-4119 / +55 (11) 2188-4316

Neutral

R$ 18,00

Nov/18

Bradesco

Luis Mauricio Garcia
+55 (11) 3847-9257

Roberto Waissman
+55 (11) 3847-9311

Buy

R$ 23,00

Jan/19

Brasil Plural

Eduardo Nishio
+55 (11) 3847-9277

Neutral

R$ 25,50

Oct/17

BTG Pactual

Guilherme Palhares
+55 (11) 3383-2451

Rodrigo Gastim
+55 (11) 3383-2468

Neutral

R$ 29,00

Oct/18

Citi

Tobias Stigelin
+55 (11) 4009-7288

Leandro Bastos
+55 (11) 4009-3125

Neutral

R$ 18,00

Dec/18

Credit Suisse

Pedro Pinto
+55 (11) 3701-6337 / 3701-6314

Neutral

R$ 12,00

Jan/18

Eleven Financial

Adeodato Netto
+55 (11) 4302-3340 / +55 (11) 97221-0069

Flvia Ozawa
+55 (11) 4302-3340

Raul Greco Lemos
+55 (11) 4302-3340

Buy

R$ 31,00

Jul/18

Empiricus

Guilherme Ebaid
+55 (11) 3074-0890

Max Bohm
+55 (11) 3074-0890

Buy

R$ 34,50

Jan/18

HSBC

Alexandre P. Falco
+1 (212) 525-4449

Ronny Berger
+1 (646) 891-6185

Neutral

R$ 21,50

May/18

Ita

Susana Salaru
+55 (11) 3073-3009

Vitor Tomita
+55 (11) 3073-3199

Neutral

R$ 22,00

Jan/19

J.P. Morgan

Marcelo Santos
+55 (11) 4950-3756

Andr Baggio
+55 (11) 4950-3427

Buy

R$ 25,00

Dec/18

Morgan Stanley

Javier Martinez
+55 (11) 3048-6039 / +55 (11) 3048-9629

Buy

R$ 20,90

Dec/18

Safra

Marcio Osako
+55 (11) 3175-7517 / +55 (11) 98872-8596

Neutral

R$ 24,80

Oct/18

Santander

Joo Noronha
+55 (11) 3012-5757

Joo Julio Matos
+55 (11) 97300-2194

Buy

R$ 24,00

Nov/18

Recommendation and Target Price
Recommendation Target Price
Buy 6 Average R$ 26.51
Neutral 8 Highest R$ 34.50
Sell 0 Lowest R$ 12.00

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