Market consensus of analysts

Data as of 31.10.2019

Analysts’ estimations

Company

Analysts

Date

Recommendation

Estimation, RUB

Renaissance Capital

Sergey Beiden

30.08.2019

Hold

0,290

FINAM

Natalia Malykh

03.09.2019

Hold

0,300

Sova Capital

Matvey Taits

29.07.2019

Hold

0,275

Market consensus


0,288

Recommendations


January‘19

February‘19

March‘19

April‘19

May‘19

June‘19

July‘19

August‘19

September‘19

October‘19

Market consensus, RUB

0,420

0,420

0,420

0,334

0,333

0,310

0,309

0,298

0,288

0,288

Closing price, RUB

0,299

0,289

0,300

0,308

0,296

0,2968

0,277

0,263

0,270

0,261

Upside/downside, %

40%

45%

40%

8%

13%

4%

12%

14%

7%

10%

Total recommendations

2

2

2

3

3

3

3

3

3

3

Buy

1

1

1

1

1

0

0

0

0

0

Hold

1

1

1

2

2

3

3

3

3

3

Sell

0

0

0

0

0

0

0

0

0

0

Recommendations 2018


July‘18

August‘18

September‘18

October‘18

November‘18

Market consensus, RUB

0,397

0,397

0,397

0,420

0,420

Closing price, RUB

0,340

0,297

0,2945

0,284

0,289

Upside/downside, %

17%

34%

35%

48%

45%

Total recommendations

2

2

2

2

2

Buy

0

0

0

1

1

Hold

2

2

2

1

1

Sell

0

0

0

0

0

Recommendations 2017


Jan
‘17
Feb
‘17
March
‘17
Apr
‘17
May
‘17
June
‘17
July
‘17
Aug
‘17
Sep
‘17
Oct
‘17
Nov
‘17
Dec
‘17

Market consensus, RUB

0,300

0,300

0,300

0,300 0,300 0,330 0,330 0,330 0,330 0,270 0,270 0,270

Closing price, RUB

0,440

0,410

0,394

0,411 0,478 0,434 0,474 0,533 0,501 0,471 0,397 0,356

Upside/downside, %

-32%

-27%

-24%

-27% -37% -24% -30% -38% -34% -43% -32% -24%

Total recommendations

3

3 3 3 3 2 2 2 2 1 1 1

Buy

1

1 1 1 1 1 1 1 1 0 0 0

Hold

0

0 0 0 0 0 0 0 0 0 0 0

Sell

2

2 2 2 2 1 1 1 1 1 1 1

Recommendations 2016


Jan ‘16

Feb ‘16

March ‘16

Apr ‘16

May ‘16

June ‘16

July ‘16

Aug ‘16

Sep ‘16 Oct ‘16 Nov ‘16 Dec ‘16

Market consensus, RUB

0,165

0,165

0,165

0,165

0,165

0,165

0,217

0,217

0,217 0,217 0,300 0,300

Closing price, RUB

0,195

0,214

0,245

0,280

0,268

0,235

0,285

0,33

0,306 0,312 0,363 0,447

Upside/downside, %

-15%

-23%

-33%

-41%

-38%

-30%

-24%

-34%

-29% -30% -17% -33%

Total recommendations

4

4

4

4

4

4

3

3

3 3 3 3

Buy

0

0

0

0

0

0

1

1

1 1 1 1

Hold

1

1

1

1

1

1

0

0

0 0 0 0

Sell

3

3

3

3

3

3

2

2

2 2 2 2

Consensus forecast of annual financial indicators*, million RUB

Indicator

2019F

2020F

2021F

Revenue

95 793

98 636

103 243

EBITDA

17 566

17 989

18 255

Net profit

2 920

3 268

3 476

Net debt

40 333

41 024

38 009

*According to IFRS

These estimations and recommendations are based on forecasts made by analysts of investment banks, covering IDGC of Centre. Any opinions, estimates or projections relating to IDGC of Centre, are the private opinions of investment analysts and do not represent opinions, estimates or forecasts of IDGC of Centre or Management of IDGC of Centre. Disclosure of the above information does not imply its approval or consent to it by IDGC of Centre. IDGC of Centre does not guarantee the accuracy of this information, which may be abridged or incomplete, and is not responsible for the consequences of use of these opinions, estimates or forecasts.