Unipar is becoming increasingly resilient – but BTG doesn't see upside
O BTG Pactual iniciou a cobertura de Unipar com recomendação ‘neutra’ e um preço-alvo de R$ 68 – reconhecendo que o negócio tem se tornado cada vez mais resiliente, mas com a ação já precificada de forma justa. O preço-alvo representa um upside potencial de 19% em relação ao preço de tela. A Unipar negocia […] The post Unipar está cada vez mais resiliente – mas BTG não vê upside appeared first on…
BTG Pactual has initiated coverage of Unipar with a 'neutral' recommendation and a target price of R$ 68, representing a 19% potential upside. The bank notes that Unipar's business has become increasingly resilient, driven by its growing chlorine-alkali platform, but sees limited potential for earnings growth from current levels.
Unipar's stock has fallen 7.7% in the last 12 months and is currently trading at R$ 57, with a market value of R$ 6.4 billion. The bank expects the company to focus on reducing leverage, which may limit dividends in the short term.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
