FY2017 Earnings Forecast for Gazit Globe Ltd Issued By National Bank Financial (GZT)
Gazit Globe Ltd (TSE:GZT) (NYSE:GZT) – Analysts at National Bank Financial upped their FY2017 earnings per share estimates for Gazit Globe in a report released on Tuesday. National Bank Financial analyst M. Kornack now anticipates that the company will post earnings of $1.16 per share for the year, up from their prior estimate of $1.08. National Bank Financial also issued estimates for Gazit Globe’s FY2018 earnings at $1.13 EPS.
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Gazit Globe (GZT) opened at 12.40 on Thursday. The stock has a market cap of $2.42 billion and a P/E ratio of 8.75. The company’s 50-day moving average price is $12.25 and its 200-day moving average price is $13.18. Gazit Globe has a 1-year low of $9.95 and a 1-year high of $14.70.
In other Gazit Globe news, insider Norstar Holdings Inc. purchased 33,002 shares of the business’s stock in a transaction on Sunday, May 28th. The stock was purchased at an average price of C$34.54 per share, for a total transaction of C$1,139,889.08.
About Gazit Globe
Gazit-Globe Ltd., through its subsidiaries, acquires, owns, develops, operates, and manages supermarket-anchored shopping centers in North America, Europe, and internationally. As of December 31, 2016, the company owned and operated 426 properties with a gross leasable area of approximately 6.6 million square meters in approximately 20 countries.
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