Shares of Cosan Ltd (NYSE:CZZ) have earned an average broker rating score of 0.00 () from the three brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating and two have given a strong buy rating to the company.
Brokerages have set a 1-year consensus price objective of $10.75 for the company, according to Zacks. Zacks has also given Cosan an industry rank of 71 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded Cosan from a “hold” rating to a “buy” rating and set a $8.75 price objective for the company in a report on Friday, January 13th.
Cosan (NYSE:CZZ) opened at 8.54 on Thursday. Cosan has a 12-month low of $4.47 and a 12-month high of $9.50. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 27.37 and a beta of 2.35. The firm’s 50-day moving average price is $8.50 and its 200 day moving average price is $7.99.
A number of hedge funds have recently bought and sold shares of CZZ. Stevens Capital Management LP bought a new stake in Cosan during the third quarter worth $128,000. Nine Chapters Capital Management LLC increased its stake in Cosan by 69.7% in the third quarter. Nine Chapters Capital Management LLC now owns 18,500 shares of the company’s stock worth $132,000 after buying an additional 7,600 shares during the last quarter. Gideon Capital Advisors Inc. bought a new stake in Cosan during the fourth quarter worth $168,000. Dumac Inc. bought a new stake in Cosan during the fourth quarter worth $169,000. Finally, CIBC World Markets Inc. increased its stake in Cosan by 2.0% in the third quarter. CIBC World Markets Inc. now owns 25,500 shares of the company’s stock worth $182,000 after buying an additional 500 shares during the last quarter. Institutional investors and hedge funds own 49.52% of the company’s stock.
Cosan Company Profile
Cosan Limited (Cosan) is a holding company. The Company’s segments include Raizen Energia, Raizen Combustiveis, COMGAS, Cosan Logistica, Lubricants and Other business. The Company’s other business include other investments, in addition to the corporate activities. The Company offers Logistics services, including transportation, port loading and storage of sugar, leasing or lending of locomotives, wagons and other railway equipment, through its subsidiaries Rumo Logistica Operadora Multimodal SA (Rumo), logistic segment (Logistic).
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