Analysts
Below you may find analyst recommendations and target prices for VTB ordinary shares and GDR. VTB is covered by the following analysts:
Equity Analysts
| Company | Analyst |
|---|---|
| Alfa-Bank | Evgeny Kipnis |
| Aton | Mikhail Ganelin | BCS | Elena Tsareva |
| Goldman Sachs | Mikhail Butkov |
| HSBC | Andrzej Nowaczek |
| Société Générale | Alan Webborn |
| Sova Capital | Andrey Mikhailov |
| Sberbank CIB | Andrew Keeley |
| Uralsib | Natalia Berezina |
| Morgan Stanley | Nida Iqbal Siddiqi |
| Renaissance Capital | Ilan Stermer |
| Sinara Financial Corporation | Olga Naidenova |
The forecasts are provided to VTB by contributing investment analysts, and are, as such, publicly available information. These forecasts are not, in any way, based on VTB proprietary forecasts, not endorsed by VTB, neither does VTB assume any obligation to revise them to reflect circumstances arising after the date below.
| Investment Bank | Recommendation | Target price of GDR, USD | Target price of ordinary share, RUB | Update |
|---|---|---|---|---|
| Morgan Stanley | Hold | 1.95 | - | 24 November 2021 |
| Goldman Sachs | Neutral | 1.56 | - | 28 October 2021 |
| HSBC | Buy | 2.06 | 0.072 | 28 October 2021 |
| Sberbank CIB | Hold | 1.55 | - | 3 August 2021 |
| Societe Generale | Hold | 1.50 | - | 1 November 2021 |
| Sova Capital | Buy | 0.090 | 5 July 2021 | |
| Alfa-Bank | Buy | 2.40 | 0.092 | 13 December 2021 |
| BCS | Hold | 1.30 | 0.046 | 28 July 2020 |
| Gazprombank (coverage suspended) | 1 June 2021 | |||
| Uralsib | Hold | 2.00 | - | 9 January 2020 |
| Renaissance Capital | Hold | - | 0.056 | 24 January 2022 |
| Aton | Buy | - | 0.065 | 28 October 2021 |
| Sinara FC | Buy | - | 0.080 | 28 October 2021 |
| Average | 1.80 | 0.070 |
Сonsensus for 3Q’2021 and 9M, as well as for the years 2021–2023 based on analytical data from 12 investment banks (HSBC, Morgan Stanley, Renaissance Capital, Uralsib, Sberbank CIB, Societe Generale, BCS, Alfa-Bank, Aton, Goldman Sachs, Sinara Group, Sova Capital) as of October 25, 2021.
The forecasts are provided to VTB by contributing investment analysts, and are, as such, publicly available information. These forecasts are not, in any way, based on VTB proprietary forecasts, not endorsed by VTB, neither does VTB assume any obligation to revise them to reflect circumstances arising after the date below. The consensus data below is compiled and updated by VTB’s Investor Relations and aggregates estimates of publicly available forecasts made by contributing sell side investment analysts.