TheScreener - Companhia de Saneamento de Minas Gerais Ord (CSMG3) Increased risk weighs on COMPANIA SANEA, penalising its rating down to Neutral

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Increased risk weighs on COMPANIA SANEA, penalising its rating down to Neutral

The independent financial analyst theScreener just lowered the general evaluation of COMPANIA SANEA (BR), active in the Water industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as moderately risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Neutral. As of the analysis date December 28, 2021, the closing price was BRL 12.53 and its target price was estimated at BRL 11.34.

29/12/2021 6 EN

Underlying

Companhia de Saneamento de Minas Gerais Ord

Companhia de Saneamento de Minas Gerais - COPASA is engaged in the planning, the development, the remodeling and the management of water collection, treatment and distribution of water and in the provision of sewerage services, including the collection, treatment and disposal of waste in the Minas Gerais State. Co. has concession to distribute water in approximately 610 municipalities of the Minas Gerais State.

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BRCSMGACNOR5 BM&F Bovespa - Securities, Commodities and Futures Exchange Brazil

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Increased risk weighs on COMPANIA SANEA, penalising its rating down to Neutral

Empowering Investors

Monthly LMI Update Independent Investment Research

Feasibility Study Results in December to be a Catalyst for this Junior

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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