ČEZ through the eyes of analysts

Consensus (consolidated, IFRS):

2014   Median Average Minimum Maximum
Sales CZK bn 205.6 205.4 195.7 218.8
EBITDA CZK bn 71.7 71.6 68.1 74.3
EBIT CZK bn 43.0 42.0 36.0 44.0
Net income CZK bn 43.0 29.8 25.7 32.2
           
2015   Median Average Minimum Maximum
Sales CZK bn 204.1 207.0 192.5 230.7
EBITDA CZK bn 66.8 66.8 62.7 74.9
EBIT CZK bn 37.2 36.7 28.4 42.9
Net income CZK bn 25.1 25.2 19.1 29.9
           
    Median Average Min Max
Target price CZK 564 558 435 670

Recommendation:

positive (buy, outperform, accumulate etc.) 6
neutral (hold, market perform etc.) 7
negative (reduce, underperform, sell etc.) 4

Note: Only estimates published from November 2013 to September 2014 are included.

Analysts covering ČEZ:

Company Analyst Last report
BH Securities Petr Hlinomaz 14-Nov-13
BRE Bank Securities Kamil Kliszcz 15-Jan-14
BZ WBK Brokerage Pawel Puchalski 28-Apr-14
Citi Sofia Savvantidou 13-Aug-14
Commerzbank Tanja Markloff 12-Aug-14
Credit Suisse Vincent Gilles 12-May-14
Cyrrus Marek Hatlapatka 29-Mar-11
Deutsche Bank James Brand 23-Jun-14
Erste Bank Petr Bártek 7-Oct-13
Espirito Santo Maciej Hebda 14-Aug-13
Exane BNP Olivier Van Doosselaere 5-Sep-14
Fio Jan Raška 1-Jul-14
Goldman Sachs Deborah Wilkens 20-Aug-14
HSBC Adam Dickens 15-Sep-14
ING Milena Olszewska 7-Feb-14
Investec Harold Hutchinson 4-Oct-13
J&T Banka Bohumil Trampota 2-May-14
JP Morgan Nathalie F Casali 16-Apr-14
Komerční banka Josef Němý 22-Sep-14
Morgan Stanley Igor Kuzmin 25-Jul-14
Natixis Securities Philippe Ourpatian 13-Aug-14
PKO Bank Stanisław Ozga 28-Jun-13
Raiffeisen Bank Teresa Schinwald 11-Apr-14
Raymond James Tancrède Fulop 3-Feb-14
Renaissance Capital Vladimir Sklyar 12-Jul-12
UBS Patrick Hummel 13-Aug-14
UniCredit Flawiusz Pawluk 21-Jul-14
VTB Capital Mikhail Rasstrigin 2-Aug-13
Wood & Co. Bram Buring 16-Jun-14

Last updated on September 22nd, 2014