A2Z Smart Technologies (NASDAQ:AZ) Price Target Raised to $20.00

A2Z Smart Technologies (NASDAQ:AZ) had its price objective boosted by Benchmark from $18.00 to $20.00 in a research note issued to investors on Wednesday,Benzinga reports. Benchmark currently has a buy rating on the stock.

A2Z Smart Technologies Trading Down 1.5 %

NASDAQ:AZ opened at $7.31 on Wednesday. The stock has a market capitalization of $200.62 million, a P/E ratio of -14.62 and a beta of 1.38. A2Z Smart Technologies has a 1 year low of $0.85 and a 1 year high of $8.28. The firm has a 50 day moving average of $6.98 and a 200-day moving average of $5.75.

Institutional Inflows and Outflows

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