Cosan Limited (NYSE:CZZ) has been assigned an average rating of “Buy” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $10.00.

A number of equities research analysts have commented on the company. BidaskClub downgraded Cosan from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. Morgan Stanley downgraded Cosan from an “overweight” rating to an “equal weight” rating in a research report on Friday, October 6th. ValuEngine downgraded Cosan from a “buy” rating to a “hold” rating in a research report on Wednesday, October 11th. Credit Suisse Group upgraded Cosan from a “neutral” rating to an “outperform” rating in a research report on Monday, October 9th. Finally, Zacks Investment Research downgraded Cosan from a “hold” rating to a “strong sell” rating in a research report on Thursday, October 12th.

Cosan (NYSE CZZ) traded down $0.18 during trading hours on Friday, reaching $9.26. The company’s stock had a trading volume of 1,667,000 shares, compared to its average volume of 1,266,231. Cosan has a 12 month low of $5.63 and a 12 month high of $9.53. The company has a debt-to-equity ratio of 1.34, a current ratio of 1.44 and a quick ratio of 1.35. The stock has a market capitalization of $1,585.90, a P/E ratio of 12.36 and a beta of 2.35.

Several hedge funds have recently bought and sold shares of the stock. State Street Corp raised its holdings in shares of Cosan by 1.3% in the 2nd quarter. State Street Corp now owns 100,609 shares of the basic materials company’s stock valued at $645,000 after buying an additional 1,300 shares during the period. Renaissance Group LLC increased its position in shares of Cosan by 9.9% during the second quarter. Renaissance Group LLC now owns 57,293 shares of the basic materials company’s stock worth $367,000 after acquiring an additional 5,167 shares during the last quarter. Legal & General Group Plc increased its position in shares of Cosan by 3.1% during the third quarter. Legal & General Group Plc now owns 204,335 shares of the basic materials company’s stock worth $1,663,000 after acquiring an additional 6,200 shares during the last quarter. Trexquant Investment LP grew its stake in Cosan by 25.4% in the second quarter. Trexquant Investment LP now owns 31,720 shares of the basic materials company’s stock worth $203,000 after purchasing an additional 6,420 shares in the last quarter. Finally, Sei Investments Co. grew its stake in Cosan by 6.7% in the third quarter. Sei Investments Co. now owns 116,100 shares of the basic materials company’s stock worth $945,000 after purchasing an additional 7,252 shares in the last quarter. Hedge funds and other institutional investors own 41.86% of the company’s stock.

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About Cosan

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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