Our research team evaluates 28 items regarding Environment, Social and Governance issues. They input a grade to each one of those items and for each company covered by our them. According to the methodology, the grade is positive when the analysts have a positive view regarding the appraised company to that specific issue, and negative if they have a negative view. The company has then an overall grade and this grade is normalized considering the grades of all the companies covered. With the final normalized grade, our research team is able to increase or decrease the target price for the stock in up to 5%.