| Broker | Date | Analyst | Recommendation | Target Price |
| Bank of America Merrill Lynch |
07/30/2020 | Rodrigo Villanueva | Sell | R$24.00 US$4.60 |
| BTG Pactual | 08/12/2020 | Carlos Siqueira Osni Carfi |
Neutral | R$28.00 US$5.20 |
| Credit Suisse | 07/21/2020 | Daniel Federle Felipe Cheng |
Neutral | R$32.00 |
| Eleven | 10/29/2020 | Daniela Bretthauer Eric Huang |
Neutral | R$35.00 |
| Empiricus | 06/25/2020 | Max Bohm Guilherme Ebaid |
Buy | R$35.00 |
| Goldman Sachs | 04/29/2020 | Diego Aragão Vitor Tomita João Dutra |
Buy | R$28.00 US$5.00 |
| HSBC | 06/24/2019 | Christopher Recouso Phani Kanumuri |
Sell | R$26.00 |
| Itaú BBA | 07/14/2020 | Susana Salaru | Buy | R$30.00 |
| Morgan Stanley | 02/27/2020 | Cesar Medina | Buy | R$30.00 US$6.00 |
| Safra | 11/18/2020 | Luis Azevedo Silvio Doria |
Neutral | R$38.30 |
| Santander | 12/22/2020 | Maria Tereza Azevedo Augusto Gazzola |
Neutral | R$38.00 |