Goldman Sachs analyst Bruno Amorim maintained a Hold rating on Cosan (CSAN – Research Report) today and set a price target of $15.60. The company’s shares closed last Wednesday at $12.51, close to its 52-week low of $12.08.
According to TipRanks.com, Amorim is a 4-star analyst with an average return of 13.2% and a 58.7% success rate. Amorim covers the Industrial Goods sector, focusing on stocks such as Controladora Vuela Compania de Aviacion SAB de CV, Gol Linhas, and Azul SA.
Cosan has an analyst consensus of Hold, with a price target consensus of $15.60.
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The company has a one-year high of $21.30 and a one-year low of $12.08. Currently, Cosan has an average volume of 217.7K.
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Cosan SA engages in several services throughout the energy and logistics sectors. Cosan SA and Cosan Logistica account for the many segments that constitute Cosan’s operations. Cosan SA delivers over half of the group’s revenue. It is diversified across the energy sector with companies specializing in fuel distribution, sugar and ethanol production, power generation, natural gas distribution, lubricants, and land management. The majority of the revenue is generated from the distribution of fuels in Brazil.
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