Media headlines about Gazit Globe (NYSE:GZT) (TSE:GZT) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Gazit Globe earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the real estate investment trust an impact score of 46.3642773336007 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Gazit Globe (NYSE:GZT) traded up 1.35% during trading on Friday, hitting $9.73. 1,132 shares of the company traded hands. Gazit Globe has a 52 week low of $8.32 and a 52 week high of $10.97. The stock has a market capitalization of $1.90 billion, a PE ratio of 8.71 and a beta of 1.12. The company’s 50 day moving average is $9.74 and its 200-day moving average is $9.98.
Gazit Globe (NYSE:GZT) (TSE:GZT) last posted its quarterly earnings results on Tuesday, May 23rd. The real estate investment trust reported $0.54 EPS for the quarter. The company had revenue of $186.92 million during the quarter.
GZT has been the topic of several research reports. Zacks Investment Research upgraded shares of Gazit Globe from a “sell” rating to a “buy” rating and set a $11.00 price objective on the stock in a research report on Tuesday, May 30th. TD Securities reaffirmed a “buy” rating on shares of Gazit Globe in a report on Thursday, May 25th. BidaskClub lowered shares of Gazit Globe from a “hold” rating to a “sell” rating in a report on Wednesday, July 5th. Finally, Citigroup Inc. raised shares of Gazit Globe from a “neutral” rating to a “buy” rating and increased their target price for the company from $9.20 to $11.00 in a report on Wednesday, July 12th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.17.
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About Gazit Globe
Gazit-Globe Ltd. is a real estate company specialized in retail premises. The Company is engaged in the acquisition, development and management of properties. Its segments include Finland, Norway, Sweden, and Estonia and Denmark. It focuses on supermarket-anchored shopping centers in urban growth markets.
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