Consensus Estimates

EBITDA* FY 2018E FY 2019E
Consensus 3,146 2,426
Max 3,590 2,648
Min2,576 2,000

Target price (TP)* GBp
Consensus 515


Broker Date Recommendation Target price, GBp
Citi 16-May-18 hold 500
Deutsche Bank 01-Mar-18 buy 545
Goldman Sachs 16-May-18 hold 550
Jefferies International 16-Aug-18 hold 470
Morgan Stanley 18-Jun-18 hold 500
Renaissance Capital 16-Aug-18 buy 550
VTB Capital 10-Aug-18 sell 450
Sova Capital27-Jul-18sell460
Wood 16-Mar-18 buy502

* Consensus EBITDA and TP are calculated on the basis of last 6-months broker reports with cutting off highest and lowest estimates to calculate arithmetic average.

Last update: 16 August 2018

This document has been issued by EVRAZ plc for information purposes only and is not intended to constitute investment advice. It is based on estimates and forecasts of various independent analysts regarding EVRAZ’s revenues, earnings and business development. Such estimates and forecasts cannot be independently verified by reason of their subjective nature. EVRAZ plc gives no guarantee, representation or warranty and is not responsible or liable in any way as to the accuracy and completeness of this document.