Brf S.A. (NYSE:BRFS) Receives Average Rating of “Hold” from Analysts

Shares of Brf S.A. (NYSE:BRFSGet Rating) have received an average rating of “Hold” from the six analysts that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $4.95.

BRFS has been the topic of a number of research reports. The Goldman Sachs Group cut BRF from a “neutral” rating to a “sell” rating in a report on Monday, April 11th. StockNews.com initiated coverage on BRF in a research note on Thursday, March 31st. They issued a “hold” rating for the company. Finally, Zacks Investment Research cut BRF from a “hold” rating to a “sell” rating in a research note on Tuesday.

Large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in BRF by 3,099.3% during the 2nd quarter. Royal Bank of Canada now owns 9,086 shares of the company’s stock worth $50,000 after acquiring an additional 8,802 shares during the period. Barclays PLC increased its stake in shares of BRF by 31.2% in the 3rd quarter. Barclays PLC now owns 975,444 shares of the company’s stock valued at $4,897,000 after purchasing an additional 231,786 shares in the last quarter. Panagora Asset Management Inc. increased its stake in shares of BRF by 322.3% in the 3rd quarter. Panagora Asset Management Inc. now owns 38,463 shares of the company’s stock valued at $193,000 after purchasing an additional 29,354 shares in the last quarter. American Century Companies Inc. increased its stake in shares of BRF by 34.1% in the 3rd quarter. American Century Companies Inc. now owns 191,609 shares of the company’s stock valued at $962,000 after purchasing an additional 48,710 shares in the last quarter. Finally, OneAscent Wealth Management LLC purchased a new stake in BRF during the 3rd quarter worth approximately $64,000.

Shares of BRFS stock traded down $0.06 on Monday, hitting $2.80. 3,570,885 shares of the stock were exchanged, compared to its average volume of 3,417,068. The firm’s 50 day moving average is $3.36 and its two-hundred day moving average is $3.76. The firm has a market capitalization of $2.26 billion, a PE ratio of 31.11 and a beta of 1.66. The company has a current ratio of 1.24, a quick ratio of 0.64 and a debt-to-equity ratio of 2.52. BRF has a one year low of $2.72 and a one year high of $6.07.

BRF Company Profile (Get Rating)

BRF SA focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, and other products. The company's product portfolio comprises meat products, including frozen whole and cut chicken, frozen pork, and beef; processed food products, such as marinated, frozen, whole and cut chicken, roosters, turkey meat, sausages, ham products, bologna, frankfurters, salamis, bacon, cold meats, other smoked products, chicken sausages, chicken hot dogs, and chicken bologna; and frozen processed meats comprising hamburgers, steaks, breaded meat products, kibbeh, and meatballs.

Featured Stories

Receive News & Ratings for BRF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRF and related companies with MarketBeat.com's FREE daily email newsletter.