Raizen SA traded at 0.98 this Tuesday February 3rd, increasing 0.04 or 4.26 percent since the previous trading session. Looking back, over the last four weeks, Raizen gained 19.51 percent. Over the last 12 months, its price fell by 46.45 percent. Looking ahead, we forecast Raizen SA to be priced at 1.00 by the end of this quarter and at 0.93 in one year, according to Trading Economics global macro models projections and analysts expectations.
Raizen SA, formerly known as Raizen Combustiveis SA, is a Brazil based company involved in the energy sector. The Company’s activities are divided into four business lines: Renewables, Marketing and Services, Proximity and Sugar. The Renewables division is engaged in the production of ethanol, second generation ethanol, bioelectricity, biogas and bioproducts. The Marketing and Services division is focused on the distribution and sale of fuels to Shell gas stations, airports and other Business-to-Business (B2B) customers. The Proximity division is involved in the operation of convenience stores under OXXO and Shell Select brand names. The Sugar division consists of the production of sugar, such as crystalline, liquid, refined, organic and Very High Polarization (VHP), among others. The Company operates in Brazil and Argentina.