Cosan Limited (CZZ) : Analyst Rating Update

Cosan Limited (CZZ) : The consensus on Cosan Limited (CZZ) based on 2 analyst recommendation on the company stock is 1.75, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Cosan Limited (CZZ) stock is expected to deviate a maximum of $0.71 from the average target price of $8 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $9 and the most muted being $8.

Cosan Limited (NYSE:CZZ): The stock opened at $6.36 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.36 for the day. The stock traded down to $6.10 during the day, due to lack of any buying support eventually closed down at $6.23 with a loss of -3.56% for the day. The stock had closed at $6.46 on the previous day. The total traded volume was 1,387,433 shares.

The company shares have rallied 19.41% from its 1 Year high price. On Jul 1, 2016, the shares registered one year high at $6.79 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $5.93 and the 200 Day Moving Average price is recorded at $4.51.

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.

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