Company	Analyst	Recomendation	Target Price Cosan	Latest Update
Morgan Stanley	Bruno Montanari Thiago Casqueiro	Equal-weight	R$ 21.00	10/31/2023
Citi	Gabriel Barra Pedro Gama	Buy	R$ 30.00	09/13/2023
Goldman Sachs	Bruno Amorim João Frizo Guilherme Costa Martins	Neutral	R$ 23.30	09/12/2023
Bradesco BBI	Vicente Falanga Gustavo Sadka Youssef	Buy	R$ 27.00	08/15/2023
UBS	Luiz Carvalho Matheus Enfeldt Alberto Valerio	Buy	R$ 26.00	07/26/2023
Itaú BBA	Monique Greco Bruna Amorim Eric Mello	Buy	R$ 23.00	07/09/2023
BofA Merrill Lynch	Isabella Simonato	Buy	R$ 31.00	06/19/2023
BTG Pactual	Thiago Duarte Pedro Soares	Buy	R$ 30.00	06/02/2023
XP Investimentos	André Vidal	Buy	R$ 31.80	05/08/2023
JP Morgan	Lucas Ferreira	Neutral	R$ 15.00	03/24/2023
Santander	Rodrigo Almeida Eduardo Muniz	Buy	R$ 29.00	02/28/2023
Credit Suisse	Regis Cardoso	Buy	R$ 20.50	02/09/2023
HSBC	Lilyanna Yang	Sell	R$ 14.00	10/14/2022

Market Consensus

Buy	9
Neutral	2
Sell	1
Equal-weight	1

Consensus Target Price Cosan

Average Price	R$24.74
Standard deviation	5.89
Higher	R$31.80
Lower	R$14.00

Last update: November 1, 2023