EBITDA* FY 2019E FY 2020E
Consensus 2,647 2,425
Max 2,991 2,855
Min 2,184 1,620
Target price (TP)* GBp
Consensus 490
Max 660
Min 330
Recommendations of analysts
Broker Date Recommendation Target price, GBp
Rencap 16-Jan-20 buy 660
JP Morgan 17-Dec-19 hold 400
Morgan Stanley 11-Dec-19 sell 330
Wood 29-Nov-19 hold 388
Veles Capital 7-Nov-19 buy 653
BaML 2-Nov-19 hold 400
BCS 25-Oct-19 sell 350
Citi 22-Oct-19 hold 400
Rencap 18-Oct-19 buy 540
Alfa Bank 17-Sep-19 buy 650
Sberbank CIB 22-Aug-19 hold 478
VTB Capital 9-Aug-19 hold 630
Goldman Sachs 8-Aug-19 sell 460
Sova Capital 14-Jun-19 hold 530

* Consensus EBITDA and TP are calculated on the basis of the last six months of broker reports, while eliminating the highest and lowest estimates to calculate the average.

Last update: 17.01.2020

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.