Santos Brasil Participações SA traded at 14.42 this Thursday October 2nd. Looking back, over the last four weeks, Santos Brasil lost 1.19 percent. Over the last 12 months, its price fell by 1.77 percent. Looking ahead, we forecast Santos Brasil Participações SA to be priced at 14.05 by the end of this quarter and at 13.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Santos Brasil Participacoes SA is a Brazil-based holding company that provides logistics services. Through its subsidiaries, the Company manages and operates port facilities and provides integrated logistics for cargo transportation. The Company operates in three business areas: Port Container Terminals sector, which includes port operators engaged in loading and unloading container ships and bonded warehouses providing the storage of cargo handled in their docks; Logistics sector, which offers distribution center and transportation services, and Vehicles Terminal, which provides loading and unloading of vehicles and cars warehousing. The Company’s three container terminals are located in the states of Sao Paulo, Para and Santa Catarina.