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Analyst Coverage

INSTITUTION ANALYST Target Price1 Recommendation
Alkin Research Anderson Meneses 29.1 BUY
Ativa Investimentos Ilan Arbetman 32.0 BUY
Banco do Brasil Mary Silva 24.0 HOLD
Banco Inter Gabriela Cortez 29.0 BUY
Bank of America Caio Ribeiro 27.0 HOLD
Bradesco BBI Francisco Navarrete 23.0 HOLD
BTG Pactual Leonardo Correa 30.0 HOLD
Citi Stefan Weskott 29.0 BUY
Eleven Research Felipe Ruppenthal 34.0 BUY
Genial Igor Guedes 26.35 BUY
Goldman Sachs Marcio Farid 18.0 SELL
HSBC Jonathan Brandt 27.00 BUY
Itaú BBA Daniel Sasson 29.0 BUY
JP Morgan Rodolfo Angele 23.0 HOLD
Levante João Abdouni 30.0 BUY
Morgan Stanley Eugenia Cavalheiro 21.0 HOLD
Safra Ricardo Monegaglia 25.0 SELL
Santander Aline de Souza 31.0 BUY
Scotiabank Alfonso Salazar 25.0 HOLD
Warren Frederico Nobre 32.15 BUY
XP Investimentos Lucas Laghi 24.5 HOLD


1: R$/unit – Refers to the 12-month target price and the recommendation of KLBN11 shares.


The analysts are professionals from Klabin S.A.’s independent institutions. Any estimates, opinions or forecasts regarding Klabin’s performance made by these analysts are their exclusive responsibility and do not represent estimates, opinions or forecasts of the Company or its management. The fact that Klabin makes the reference above or distributes this data does not imply endorsement or conformity of opinion with that information, conclusions or recommendations.