Canaccord Genuity Cuts Gazit Globe (TSE:GZT) Price Target to C$14.50

Gazit Globe (TSE:GZT) (NYSE:GZT) had its target price trimmed by Canaccord Genuity from C$16.00 to C$14.50 in a research note released on Thursday, March 29th.

Shares of GZT remained flat at $C$12.60 during midday trading on Thursday. Gazit Globe has a 12-month low of C$11.02 and a 12-month high of C$14.70.

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In related news, Director Dor Haim Michael Ben acquired 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were bought at an average cost of C$33.26 per share, for a total transaction of C$399,120.00.

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Gazit Globe Company Profile

Gazit Globe Ltd, through its subsidiaries, acquires, owns, develops, operates, and manages supermarket-anchored shopping centers in North America, Europe, and internationally. As of December 31, 2016, the company owned and operated 426 properties with a gross leasable area of approximately 6.6 million square meters in approximately 20 countries.

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