Cosan Limited (CZZ) : 1 brokerage houses believe that Cosan Limited (CZZ) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Cosan Limited (CZZ). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 2 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.
Cosan Limited (CZZ) : The highest level Cosan Limited (CZZ) is projected to reach is $10 for the short term and the lowest estimate is at $9. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $9.25 and the possibility the share price can swing is $1.06.
Cosan Limited (NYSE:CZZ): After opening at $6.78, the stock dipped to an intraday low of $6.72 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $6.94 and the buying power remained strong till the end. The stock closed at $6.81 for the day, a gain of 1.49% for the day session. The total traded volume was 855,784. The stocks close on the previous trading day was $6.71.
Cosan Limited (Cosan) is a holding company. The Company operates through its subsidiaries: Cosan S.A. Industria e Comercio (Cosan S.A.) and Cosan Logistica S.A. (Cosan Log). The Company operates in segments: Raizen Energia S.A. (Raizen Energia), Raizen Combustiveis S.A. (Raizen Combustiveis), Companhia de Gas de Sao Paulo COMGAS (COMGAS), Cosan Log, Radar Propriedades Agricolas S.A. (Radar) and Lubricants. The Company is engaged in the production and marketing of a various products derived from sugar cane, including raw sugar (VHP), anhydrous and hydrated ethanol. It is engaged in the distribution and marketing of fuels. It is engaged in the distribution of piped natural gas to part of the State of Sao Paulo. It also provides logistics services for transport, storage and port loading of commodities, for sugar products. It is engaged in the purchase, sale and leasing of agricultural land, and also engaged in the production and distribution of lubricants.