Cosan (NYSE:CZZ) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Thursday.
Several other brokerages also recently commented on CZZ. JPMorgan Chase downgraded Cosan from an “overweight” rating to a “neutral” rating and boosted their target price for the stock from $10.00 to $13.00 in a research note on Tuesday, February 20th. UBS downgraded Cosan from a “buy” rating to a “neutral” rating in a research note on Thursday, February 8th. Finally, Zacks Investment Research raised Cosan from a “hold” rating to a “strong-buy” rating and set a $12.00 target price for the company in a research note on Thursday, January 18th. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $12.50.
Shares of NYSE CZZ opened at $10.37 on Thursday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.44 and a quick ratio of 1.37. The stock has a market cap of $2,853.36, a price-to-earnings ratio of 31.42, a price-to-earnings-growth ratio of 0.20 and a beta of 2.36. Cosan has a 12 month low of $5.63 and a 12 month high of $11.89.
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Cosan Company Profile
Cosan Limited, together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol, and fuel businesses primarily in Brazil and internationally. The company's Raízen Energia segment produces and markets various products derived from sugar cane, including raw sugar, and anhydrous and hydrated ethanol.
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