IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

BTG raises target price for Minerva shares to R$ 13.40

BTG Pactual has raised the target price for shares in Minerva from R$ 11.20 to R$ 13.40, reflecting the company's safe level of leveraging, and it has continued its recommendation to buy stocks, with the company being the best bet in the sector in its opinion.

The bank has increased its estimates for Minerva's earnings before interest, taxes, depreciation and amortization (EBITDA) by 22% for 2013, following the incorporation of a slaughterhouse in Paraguay. BTG has also increased its medium-term expectations about the company's ability to navigate the favorable meat cycle to increase its margins, with the help of even more profitable export markets and a high standard of operation.

Information provided by Valor Econômico

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193719

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel