Consensus Estimates

EBITDA* FY 2017E FY 2018E
Consensus 2,288 1,810
Max 2,606 2,858
Min1,794 672

Target price (TP)* GBp
Consensus 289


Broker Date Recommendation Target price, GBp
Aton 21-Aug-17 hold 290
BCS Investment Bank 29-Jun-17 buy 190
Citi 14-Aug-17 buy 305
Deutsche Bank 11-Aug-17 buy 277
Goldman Sachs 26-May-17 hold 190
Jefferies International 10-Aug-17 sell 200
Morgan Stanley 26-Jun-17 hold 180
Otkritie 30-Aug-17 buy 326
Renaissance Capital 31-Aug-17 buy 767
Sberbank CIB 20-Sep-17 buy 405
VTB Capital 19-Sep-17 buy 400
Wood 11-Aug-17 buy305

* 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: 20 September 2017

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.