Gafisa SA (NYSE:GFA) has earned an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokerages have set a 12 month consensus price target of $1.52 for the company, according to Zacks. Zacks has also given Gafisa SA an industry rank of 112 out of 265 based on the ratings given to related companies.

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Gafisa SA by 4.1% in the second quarter. Vanguard Group Inc. now owns 1,075,200 shares of the company’s stock worth $1,366,000 after buying an additional 42,400 shares during the period. Renaissance Technologies LLC raised its stake in shares of Gafisa SA by 18.1% in the first quarter. Renaissance Technologies LLC now owns 797,100 shares of the company’s stock worth $1,132,000 after buying an additional 122,300 shares during the last quarter. Finally, Orbis Allan Gray Ltd acquired a new stake in shares of Gafisa SA during the first quarter worth approximately $463,000. Institutional investors and hedge funds own 5.28% of the company’s stock.

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Gafisa SA (NYSE:GFA) traded down 1.87% during trading on Tuesday, reaching $1.57. The company’s stock had a trading volume of 77,499 shares. Gafisa SA has a 52-week low of $0.95 and a 52-week high of $1.71. The stock’s 50-day moving average is $1.52 and its 200 day moving average is $1.33. The firm’s market capitalization is $285.44 million.

About Gafisa SA

Gafisa SA is a diversified national homebuilder. The Company’s segments are Gafisa (for ventures targeted at high and medium income) and Tenda (for ventures targeted at low income). The Company’s brands include Tenda, which serves the affordable entry-level housing segments, Gafisa, which offers a range of residential options to the mid to higher income segments and Alphaville (equity method investment), which focuses on the identification, development and sale of residential communities.

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