- PL
- EN
Consensus
Quarterly consensus
PZU market consensus 3Q 2022 |
Average |
Number of |
Gross written premiums |
6,134 |
10 |
Net earned premium |
6,056 |
8 |
Investment result |
821 |
8 |
Investment result excluding banks |
173 |
10 |
Net claims and benefits |
(4,033) |
8 |
Acquisition costs |
n/a |
n/a |
Administrative costs |
n/a |
n/a |
Net profit attributable to the equity holders of the parent company |
537 |
10 |
PZU consensus as at 10.11.2022, based on forecasts of analysts from Autonomous, Citi Research, Erste Securities, HSBC, Ipopema Securities, mBank, PKO BP, Raiffeisen CB, Trigon, Wood & Company.
Annual consensus (2022-2023)
PZU market consensus FY 2022 |
Average |
Number of |
Gross written premiums |
25,995 |
11 |
Net earned premium |
24,044 |
10 |
Investment result |
10,909 |
8 |
Investment result excluding banks |
747 |
7 |
Net claims and benefits |
(15,448) |
10 |
Acquisition costs |
(4,341) |
10 |
Administrative costs |
(6,368) |
9 |
Net profit attributable to the equity holders of the parent company |
3,058 |
12 |
DPS (from the 2022 profit) |
2.25 |
11 |
PZU consensus as at 22.12.2022, based on forecasts of analysts from Citi Research, Erste Securities, HSBC, Ipopema Securities, JP Morgan, mBank, PKO BP, Raiffeisen CB, Santander, Trigon, UBS, Wood & Company.
PZU market consensus FY 2023 |
Average |
Number of |
Gross written premiums |
26,827 |
11 |
Net earned premium |
25,004 |
10 |
Investment result |
12,732 |
8 |
Investment result excluding banks |
1,643 |
7 |
Net claims and benefits |
(16,647) |
10 |
Acquisition costs |
(4,502) |
10 |
Administrative costs |
(6,736) |
9 |
Net profit attributable to the equity holders of the parent company |
3,645 |
12 |
DPS (from the 2023 profit) |
2.66 |
11 |
PZU consensus as at 22.12.2022, based on forecasts of analysts from Citi Research, Erste Securities, HSBC, Ipopema Securities, JP Morgan, mBank, PKO BP, Raiffeisen CB, Santander, Trigon, UBS, Wood & Company.
Changes in market consensus on PZU net profit attributable to the equity holders of the parent company
Source: own compilation based on analyses by institutions and analysts.
Aggregated recommendations
Average target price |
37.4 |
Recommendation |
Number |
Buy |
8 |
Hold |
3 |
Sell |
1 |
PZU consensus as at 22.12.2022, based on forecasts of analysts from Citi Research, Erste Securities, HSBC, Ipopema Securities, JP Morgan, mBank, PKO BP, Raiffeisen CB, Santander, Trigon, UBS, Wood & Company.
Analyst contact details / Disclaimers
Institution |
Analyst |
|
Telephone |
Autonomous Research |
Youdish Chicooree |
ychicooree@autonomous.com |
+44 207 776 34 42 |
Citi |
Andrzej Powierża |
n/a |
+48 22 690 35 66 |
Erste Securities |
Łukasz Jańczak |
lukasz.janczak@erstegroup.com |
+48 22 257 57 54 |
HSBC |
Thomas Fossard |
thomas.fossard@hsbc.com |
+33 15 652 43 40 |
Ipopema |
Marta Czajkowska-Bałdyga |
marta.czajkowska-baldyga@ipopema.pl |
+48 22 236 92 31 |
JP Morgan |
Samuel Goodacre |
samuel.goodacre@jpmorgan.com |
+44 207 134 67 20 |
mBank |
Michał Konarski |
michal.konarski@mdm.pl |
+48 22 697 47 37 |
PKO BP |
Jaromir Szortyka |
jaromir.szortyka@pkobp.pl |
+48 22 580 39 47 |
Raiffeisen Centrobank |
Oliver Simkovic |
oliver.simkovic@rbinternational.com |
+43 15 152 07 06 |
Trigon |
Maciej Marcinowski |
maciej.marcinowski@trigon.pl |
+48 22 433 83 75 |
Santander |
Kamil Stolarski |
kamil.stolarski@santander.pl |
+48 22 586 81 00 |
UBS |
Michał Potyra |
michal.potyra@ubs.com |
+44 20 |
Wood & Company |
Marta Jeżewska-Wasilewska |
marta.jezewska-wasilewska@wood.com |
+48 22 222 15 48 |
Disclaimers
The PZU Group is not responsible for the effects of decisions made on the basis of the above information.
At the same time, the above information cannot be considered as part of an invitation or offer to purchase securities or to make an investment. Neither do they constitute an offer or invitation to conduct other transactions in securities.
The information presented is the Company's own compilation based on the analyses of the listed institutions and analysts and may not be considered summaries or extracts from recommendations made by third parties, as referred to in the Commission Delegated Regulation (EU) 2016/958 of March 9, 2016 supplementing Regulation (EU) No. 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards on technical measures for the objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and the disclosure of vested interests or indications of conflicts of interest.