Consensus Estimates

EBITDA* FY 2018E FY 2019E
Consensus 3,324 2,525
Max 3,710 3,178
Min2,802 2,000


Target price (TP)* GBp
Consensus 497
Max580
Min450

RECOMMENDATIONS OF ANALYSTS

Broker Date Recommendation Target price, GBp
Aton21-Sep-18hold580
BaML07-Sep-18hold492
Citi 16-May-18 hold 500
Goldman Sachs 26-Jul-18 hold 550
Jefferies International 16-Aug-18 hold 470
Morgan Stanley 24-Sep-18 hold 510
Renaissance Capital 04-Sep-18 buy 580
VTB Capital 10-Aug-18 sell 450
Sberbank
27-Aug-18
hold580
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: 24 September 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.