Cosan Ltd (NYSE:CZZ) shares saw an uptick in trading volume on Tuesday . 1,962,153 shares changed hands during trading, an increase of 111% from the previous session’s volume of 928,460 shares.The stock last traded at $11.34 and had previously closed at $10.84.
A number of brokerages have recently commented on CZZ. JPMorgan Chase & Co. downgraded Cosan from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $10.00 to $13.00 in a research report on Tuesday. UBS Group downgraded Cosan from a “buy” rating to a “neutral” rating in a research report on Thursday, February 8th. Finally, Zacks Investment Research upgraded Cosan from a “hold” rating to a “strong-buy” rating and set a $12.00 price objective for the company in a research report on Thursday, January 18th. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Cosan currently has an average rating of “Buy” and a consensus target price of $12.50.
The firm has a market capitalization of $2,930.00, a PE ratio of 36.58, a P/E/G ratio of 0.18 and a beta of 2.41. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.35 and a current ratio of 1.44.
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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