Investor Relations

Analyst Coverage


TOTVS is followed by the analysts listed below. Please note that any opinions, estimates or forecasts regarding TOTVS‘ performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of TOTVS or its management. TOTVS does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.



Broker Analyst E-mail
Bank of America Fred Mendes
Bradesco Otávio Tanganelli
BTG Pactual Carlos Eduardo Sequeira
Citi Karina Martins
Credit Suisse Daniel Federle
Eleven Research Tales Granello
Empiricus Max Bohm
Goldman Sachs Diego Aragão 
Itaú Enrico Vincenzo Trotta
JP Morgan Marcelo Peev dos Santos
Morgan Stanley Cesar Medina
Santander Maria Tereza Azevedo
Scotiabank Andres Coello
Safra Luis F. Azevedo
UBS Leonardo Olmos
XP Investimentos Marco Nardini