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ANALYSTS
MILENNIUM BCP
António Seladas, CFA

antonio.seladas@millenniumbcp.pt
Phone: +351 210 037 826

RATING: Neutral
PRICE TARGET: € 1.20
DATE: Jul 2011
BES INVESTIMENTO
Nuno Estácio
Manuel Albuquerque

malbuquerque@besinv.pt
Phone: +351 213 302 136
Phone: +351 213 302 173

RATING: Neutral
PRICE TARGET: € 1.00
DATE: Sep 2011
BPI
Bruno Almeida da Silva, CFA
Flora Trindade

bruno.miguel.silva@bpi.pt
flora.mericia.trindade@bpi.pt
Phone: +351 226 074 375

RATING: Sell
PRICE TARGET: € 0.75
DATE: Jan 2012
CAIXA BI
José Mota Freitas, CFA

mota.freitas@caixabi.pt
Phone: +351 213 137 425

RATING: U.R.
PRICE TARGET: U.R.
DATE: -
SANTANDER
Luis Colaço

lfpenha@gruposantander.com
Phone: +34 912 893 497
Phone: +351 213 893 528

RATING: Underweight PRICE TARGET: € 1.15
DATE: Sep 2011
BANIF BI
Sofia Cordeiro

scordeirol@banifib.pt
Phone: +351 213 816 200

RATING: Sell
PRICE TARGET: € 1.03
DATE: Oct 2011
UBS
Ignacio Carvajal

ignacio.carvajal@ubs.com
Phone: +34 914 369 025

RATING: Neutral
PRICE TARGET: € 3.70
DATE: Nov 2009
GOLDMAN SACHS
Mariano Alarco

mariano.alarco@gs.com
Phone: +44 207 774 8817

RATING: Neutral
PRICE TARGET: € 2.60
DATE: Nov 2010
Stock Price
Investor Relations Office