Gafisa SA (GFA) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Gafisa SA (NYSE:GFA) have been given an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Brokers have set a 1-year consensus target price of $1.52 for the company, according to Zacks. Zacks has also assigned Gafisa SA an industry rank of 57 out of 265 based on the ratings given to its competitors.

COPYRIGHT VIOLATION WARNING: This news story was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this news story on another site, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this news story can be read at https://sportsperspectives.com/2017/01/11/gafisa-sa-gfa-given-consensus-recommendation-of-hold-by-brokerages.html.

An institutional investor recently raised its position in Gafisa SA stock. Vanguard Group Inc. raised its position in shares of Gafisa SA (NYSE:GFA) by 4.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,075,200 shares of the company’s stock after buying an additional 42,400 shares during the period. Vanguard Group Inc. owned approximately 0.59% of Gafisa SA worth $1,366,000 as of its most recent filing with the SEC. 4.89% of the stock is currently owned by institutional investors and hedge funds.

Gafisa SA (NYSE:GFA) traded down 2.2824% during midday trading on Wednesday, hitting $1.2801. The stock had a trading volume of 363,587 shares. Gafisa SA has a 52 week low of $0.95 and a 52 week high of $1.99. The stock’s market cap is $232.92 million. The company has a 50-day moving average price of $1.20 and a 200-day moving average price of $1.39.

Gafisa SA Company Profile

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.

5 Day Chart for NYSE:GFA

Get a free copy of the Zacks research report on Gafisa SA (GFA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Gafisa SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gafisa SA and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply