ČEZ through the eyes of analysts

Consensus (consolidated, IFRS):

2014   Median Average Minimum Maximum
Sales CZK bn 202.9 204.3 196.2 216.7
EBITDA CZK bn 70.6 70.7 69.2 72.8
EBIT CZK bn 41.7 41.3 37.6 43.9
Net income CZK bn 28.9 28.8 25.8 32.0
           
2015   Median Average Minimum Maximum
Sales CZK bn 198.6 201.4 189.1 220.6
EBITDA CZK bn 65.8 65.8 61.8 69.6
EBIT CZK bn 36.7 36.2 30.5 40.3
Net income CZK bn 24.4 24.4 20.0 26.7
           
    Median Average Min Max
Target price CZK 619 607 450 702

Recommendation:

positive (buy, outperform, accumulate etc.) 3
neutral (hold, market perform etc.) 14
negative (reduce, underperform, sell etc.) 5

Note: Only estimates published between 1st March 2014 and 15th October 2014 are included.

Analysts covering ČEZ:

Company Analyst Last report
BH Securities Petr Hlinomaz 14-Nov-13
BRE Bank Securities Kamil Kliszcz 8-Sep-14
BZ WBK Brokerage Pawel Puchalski 9-Jul-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 15-Oct-14
Erste Bank Petr Bártek 30-Sep-14
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 9-Oct-14
Komerční banka Josef Němý 22-Sep-14
Morgan Stanley Igor Kuzmin 28-Aug-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 4-Sep-14
Wood & Co. Bram Buring 30-Sep-14

Last updated on October 15th, 2014.