Cosan Limited (NYSE:CZZ) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.75 by 2 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Cosan Limited (NYSE:CZZ) shares are expected to touch $8 in the short term. This short term price target has been shared by 2 analysts. However, the standard deviation of short term price estimate has been valued at 0.71. The target price could hit $9 on the higher end and $8 on the lower end.
Cosan Limited (NYSE:CZZ) witnessed a decline in the market cap on Tuesday as its shares dropped 1.89% or 0.12 points. After the session commenced at $6.41, the stock reached the higher end at $6.42 while it hit a low of $6.09. With the volume soaring to 1,789,006 shares, the last trade was called at $6.23. The company has a 52-week high of $6.7. The company has a market cap of $1,649 million and there are 264,690,880 shares in outstanding. The 52-week low of the share price is $2.47.
Shares of Cosan Limited rose by 9.49% in the last five trading days and 11.27% for the last 4 weeks. Cosan Limited is up 37.94% in the last 3-month period. Year-to-Date the stock performance stands at 71.58%.
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.