Shares of Gazit-Globe Ltd. (NYSE:GZT) (TSE:GZT) have received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a 12 month consensus price objective of $10.92 for the company, according to Zacks. Zacks has also given Gazit-Globe an industry rank of 103 out of 265 based on the ratings given to its competitors.
Several brokerages have recently weighed in on GZT. Zacks Investment Research raised shares of Gazit-Globe from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 24th. TheStreet raised shares of Gazit-Globe from a “sell” rating to a “hold” rating in a research report on Wednesday, November 23rd.
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Shares of Gazit-Globe (NYSE:GZT) traded up 0.0000% during midday trading on Friday, hitting $10.0527. The stock had a trading volume of 1 shares. The firm has a 50 day moving average of $9.51 and a 200-day moving average of $9.60. The company has a market cap of $1.92 billion, a P/E ratio of 19.0032 and a beta of 1.03. Gazit-Globe has a one year low of $7.15 and a one year high of $10.97.
An institutional investor recently raised its position in Gazit-Globe stock. Eqis Capital Management Inc. increased its stake in shares of Gazit-Globe Ltd. (NYSE:GZT) (TSE:GZT) by 26.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,451 shares of the real estate investment trust’s stock after buying an additional 11,978 shares during the period. Eqis Capital Management Inc.’s holdings in Gazit-Globe were worth $584,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 9.90% of the company’s stock.
Gazit-Globe Company Profile
Gazit-Globe Ltd. is an owner and operator of supermarket-anchored shopping centers. The Company’s segments include Shopping centers in U.S., Shopping centers in Canada, Shopping centers in North Europe, Shopping centers in Central-Eastern Europe and Other Segments. The Company acquires, develops and redevelops supermarket-anchored neighborhood and community shopping centers in urban markets.
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