FY2017 EPS Estimates for Gazit Globe Ltd Increased by National Bank Financial (GZT)
Gazit Globe Ltd (TSE:GZT) (NYSE:GZT) – National Bank Financial boosted their FY2017 earnings per share (EPS) estimates for Gazit Globe in a note issued to investors on Tuesday. National Bank Financial analyst M. Kornack now forecasts that the company will post earnings of $1.16 per share for the year, up from their prior forecast of $1.08. National Bank Financial also issued estimates for Gazit Globe’s FY2018 earnings at $1.13 EPS.
Gazit Globe (GZT) opened at 12.45 on Thursday. The company has a market cap of $2.43 billion and a PE ratio of 11.27. The firm’s 50-day moving average price is $12.30 and its 200 day moving average price is $13.19. Gazit Globe has a 52-week low of $9.95 and a 52-week high of $14.70.
In related news, insider Norstar Holdings Inc. bought 33,002 shares of the stock in a transaction that occurred on Sunday, May 28th. The shares were bought at an average cost of C$34.54 per share, for a total transaction of C$1,139,889.08.
Gazit Globe Company Profile
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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