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MarketScreener Homepage  >  Equities  >  Bolsa de Valores de Sao Paulo  >  Lojas Americanas S.A.    LAME4   BRLAMEACNPR6

LOJAS AMERICANAS S.A.

(LAME4)
  Report
End-of-day quote. End-of-day quote Bolsa de Valores de Sao Paulo - 11/24
23.71 BRL   +0.04%
10/29LOJAS AMERICANAS : Press Release
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10/29LOJAS AMERICANAS : 3rd quarter results
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08/13LOJAS AMERICANAS : Half-year results
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Lojas Americanas S A : Brazilian retailer Lojas Havan seeks $1.8 bln IPO -report

08/12/2020 | 03:28pm EST

SAO PAULO, Aug 12 (Reuters) - Brazilian department store chain Lojas Havan is seeking to raise 10 billion reais ($1.83 billion) in an initial public offering, Brazilian newspaper Valor Economico reported on Wednesday.

With 149 stores in 17 Brazilian states, Havan is aiming for a valuation higher than Lojas Americanas, whose market capitalization is nearly 62 billion reais, Valor said citing sources.

The proceeds of the offering would be used to open roughly 600 new stores and distribution centers, the report said.

Havan is controlled by Luciano Hang, a businessman who strongly supports far-right President Jair Bolsonaro.

Havan's popular stores sell a wide range of products from electronics to clothes and dishes. Havan is famous for having enormous replicas of the Statue of Liberty placed in front of each of its stores.

Havan did not immediately respond to a Reuters request for comment on the IPO. ($1 = 5.4787 reais) (Reporting by Carolina Mandl Editing by Nick Zieminski)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
EURO / BRAZILIAN REAL (EUR/BRL) 0.01% 6.3931 Delayed Quote.42.99%
LOJAS AMERICANAS S.A. 0.04% 23.71 End-of-day quote.-8.49%
All news about LOJAS AMERICANAS S.A.
10/29LOJAS AMERICANAS : Press Release
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10/29LOJAS AMERICANAS : 3rd quarter results
CO
08/13LOJAS AMERICANAS : Half-year results
CO
08/12LOJAS AMERICANAS S A : Brazilian retailer Lojas Havan seeks $1.8 bln IPO -report
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08/10LOJAS AMERICANAS S.A. : half-yearly earnings release
07/28LOJAS AMERICANAS S A : 14/Jul - Material Fact - 07/14/20
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05/07LOJAS AMERICANAS : Slide show Q1 results
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05/07LOJAS AMERICANAS : 1st quarter results
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02/20LOJAS AMERICANAS : Slide show results
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02/20LOJAS AMERICANAS : Annual results
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More news
Financials
Sales 2020 21 302 M 3 960 M 3 960 M
Net income 2020 587 M 109 M 109 M
Net cash 2020 3 469 M 645 M 645 M
P/E ratio 2020 77,1x
Yield 2020 0,87%
Capitalization 41 425 M 7 683 M 7 701 M
EV / Sales 2020 1,78x
EV / Sales 2021 1,54x
Nbr of Employees 37 000
Free-Float 63,6%
Chart LOJAS AMERICANAS S.A.
Duration : Period :
Lojas Americanas S.A. Technical Analysis Chart | MarketScreener
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Technical analysis trends LOJAS AMERICANAS S.A.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 37,99 BRL
Last Close Price 23,71 BRL
Spread / Highest target 94,0%
Spread / Average Target 60,2%
Spread / Lowest Target 26,5%
EPS Revisions
Managers
NameTitle
Miguel G. Pereira Sarmiento Gutierrez Chief Executive Officer & Director
Carlos Alberto da Veiga Sicupira Chairman
Carlos Eduardo Rosalba Padilha Director-Finance & Investor Relations
Roberto Moses Thompson Motta Director
Paulo Alberto Lemann Director
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