Cosan Limited (CZZ) Scheduled to Post Earnings on Monday
Cosan Limited (NYSE:CZZ) is set to post its quarterly earnings results on Monday, November 13th.
Shares of Cosan Limited (NYSE CZZ) opened at $8.39 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.32 and a quick ratio of 1.23.
An institutional investor recently raised its position in Cosan Limited stock. State Street Corp lifted its holdings in shares of Cosan Limited (NYSE:CZZ) by 1.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 100,609 shares of the basic materials company’s stock after buying an additional 1,300 shares during the period. State Street Corp’s holdings in Cosan Limited were worth $645,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 42.62% of the company’s stock.
Several equities research analysts have recently weighed in on the stock. BidaskClub downgraded shares of Cosan Limited from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Morgan Stanley downgraded shares of Cosan Limited from an “overweight” rating to an “equal weight” rating in a research report on Friday, October 6th. ValuEngine downgraded shares of Cosan Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Zacks Investment Research raised shares of Cosan Limited from a “sell” rating to a “strong-buy” rating and set a $10.00 price objective for the company in a research report on Friday, October 20th. Finally, Credit Suisse Group raised shares of Cosan Limited from a “neutral” rating to an “outperform” rating in a research report on Monday, October 9th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. Cosan Limited currently has a consensus rating of “Buy” and a consensus target price of $10.00.
Cosan Limited 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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