Consensus Estimates

EBITDA* FY 2017E FY 2018E
Consensus 2,492 2,280
Max 2,606 2,858
Min2,176 672

Target price (TP)* GBp
Consensus 385


Broker Date Recommendation Target price, GBp
Aton 24-Oct-17 hold 290
Alfa Bank 27-Oct-17 buy 420
BCS Investment Bank 29-Jun-17 buy 190
Citi 11-Jan-17 buy 410
Credit Suisse 09-Feb-18 hold 370
Deutsche Bank 16-Feb-18 buy 520
Goldman Sachs 12-Feb-18 buy 430
Jefferies International 24-Jan-18 sell 275
Morgan Stanley 23-Jan-18 hold 330
Otkritie 04-Oct-17 buy 375
Renaissance Capital 31-Aug-17 buy 767
Sberbank CIB 20-Sep-17 buy 405
VTB Capital 19-Sep-17 buy 400
Wood 16-Nov-17 buy390

* 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: 19 February 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.