Research Disclosures & Disclaimers

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Hapvida Participacoes e Investimentos SA (HAPV3.SA)

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (R$)	Price Target (R$)	Rating
2021-08-20	15.53	18.50	Buy
2021-08-31	14.72	20.00	Buy
2022-01-14	10.31	14.00	Buy
2022-02-02	12.49	15.40	Buy
2022-07-05	6.21	9.00	Buy
2022-08-30	7.55	11.50	Buy
2022-12-13	4.39	9.00	Buy
2023-05-02	2.79	-	No Rating
2024-10-28	3.71	5.50	Buy

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
UBS expects to receive or intend to seek compensation for investment banking services from this company/entity within the next three months.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day.