A2Z Smart Technologies (NASDAQ:AZ) Given New $20.00 Price Target at Benchmark

A2Z Smart Technologies (NASDAQ:AZ) had its target price boosted by Benchmark from $18.00 to $20.00 in a report published on Wednesday,Benzinga reports. They currently have a buy rating on the stock.

A2Z Smart Technologies Price Performance

NASDAQ:AZ opened at $7.52 on Wednesday. The stock’s 50-day moving average is $6.97 and its two-hundred day moving average is $5.70. The stock has a market cap of $206.38 million, a PE ratio of -15.04 and a beta of 1.38. A2Z Smart Technologies has a fifty-two week low of $0.85 and a fifty-two week high of $8.28.

Hedge Funds Weigh In On A2Z Smart Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC acquired a new stake in A2Z Smart Technologies during the fourth quarter valued at $287,000. IHT Wealth Management LLC purchased a new stake in shares of A2Z Smart Technologies during the 4th quarter worth about $1,156,000. Garnet Equity Capital Holdings Inc. bought a new stake in shares of A2Z Smart Technologies in the 4th quarter valued at approximately $1,986,000. Finally, Clal Insurance Enterprises Holdings Ltd acquired a new position in A2Z Smart Technologies in the fourth quarter worth approximately $3,619,000. 12.64% of the stock is currently owned by hedge funds and other institutional investors.

A2Z Smart Technologies Company Profile

A2Z Smart Technologies Corp., a technology company, focuses on the development and commercialization of retail smart cart solutions for grocery stores and supermarkets in Israel and internationally. The company operates through three segments: Precision Metal Parts, Advanced Engineering, and Smart Carts.