Analyst Coverage

Helbor is covered by the analysts listed below. Please note that any opinions, estimates or forecasts regarding Helbor´s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Company or its management. Helbor 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.

 INSTITUTION ANALYST RECOMMENDATION TARGET PRICE
Bradesco BBI Bruno Mendonça Neutral R$ 12.50
BTG Pactual Gustavo Cambauva Buy R$ 13.50
Itaú BBA Alex Ferraz Outperform R$ 13.50
Safra Luiz Peçanha Neutral R$ 11,00
Sara Invest Marco Saravalle Neutral R$ 10,25