Cosan Ltd (NYSE:CZZ) has been assigned an average rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $13.00.

A number of analysts have weighed in on CZZ shares. Zacks Investment Research upgraded Cosan from a “sell” rating to a “hold” rating in a report on Monday, December 31st. JPMorgan Chase & Co. upgraded Cosan from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $12.50 to $13.00 in a report on Tuesday, February 19th. Santander downgraded Cosan from a “buy” rating to a “hold” rating in a report on Tuesday, December 11th. Finally, Morgan Stanley upgraded Cosan from an “equal weight” rating to an “overweight” rating and set a $13.00 price target for the company in a report on Wednesday, January 16th.

A number of institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN grew its holdings in Cosan by 62.5% during the 3rd quarter. Wells Fargo & Company MN now owns 6,278,090 shares of the basic materials company’s stock worth $42,251,000 after acquiring an additional 2,415,168 shares during the period. Norges Bank acquired a new stake in Cosan during the 4th quarter worth about $39,643,000. Dynamo Administracao de Recursos Ltda. grew its holdings in Cosan by 31.1% during the 3rd quarter. Dynamo Administracao de Recursos Ltda. now owns 4,352,306 shares of the basic materials company’s stock worth $29,123,000 after acquiring an additional 1,033,557 shares during the period. Dynamo Internacional Gestao DE Recursos LTDA. grew its holdings in Cosan by 29.1% during the 3rd quarter. Dynamo Internacional Gestao DE Recursos LTDA. now owns 3,642,412 shares of the basic materials company’s stock worth $24,373,000 after acquiring an additional 820,415 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in Cosan by 83.1% during the 3rd quarter. Hsbc Holdings PLC now owns 2,325,109 shares of the basic materials company’s stock worth $15,647,000 after acquiring an additional 1,055,518 shares during the period. Hedge funds and other institutional investors own 25.13% of the company’s stock.

NYSE CZZ traded up $0.02 on Thursday, reaching $12.90. The company had a trading volume of 97,005 shares, compared to its average volume of 980,338. The company has a market capitalization of $3.15 billion, a price-to-earnings ratio of 20.30 and a beta of 1.52. Cosan has a fifty-two week low of $6.20 and a fifty-two week high of $13.09. The company has a quick ratio of 1.80, a current ratio of 1.92 and a debt-to-equity ratio of 1.34.

About Cosan

Cosan Limited, together with its subsidiaries, engages in fuel and natural gas distribution, logistics, lubricant, sugar and ethanol businesses primarily in Brazil and internationally. The company's RaĆ­zen Energia produces and markets products derived from sugar cane, including raw sugar, anhydrous, and hydrated ethanol, as well as activities related to energy cogeneration from sugarcane bagasse.

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