Brf S.A. (NYSE:BRFS) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $15.00.
A number of equities research analysts recently commented on BRFS shares. BidaskClub cut Brf from a “buy” rating to a “hold” rating in a research note on Tuesday, October 3rd. Zacks Investment Research raised Brf from a “sell” rating to a “hold” rating in a research note on Monday, September 18th. Finally, J P Morgan Chase & Co raised Brf from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $13.00 to $16.00 in a research note on Thursday, September 14th.
Shares of Brf (NYSE:BRFS) opened at $12.60 on Monday. The company has a current ratio of 1.62, a quick ratio of 1.13 and a debt-to-equity ratio of 1.67. Brf has a 52 week low of $10.60 and a 52 week high of $16.01.
Large investors have recently bought and sold shares of the business. OLD National Bancorp IN acquired a new position in Brf in the second quarter valued at about $212,000. Aberdeen Asset Management PLC UK grew its stake in Brf by 75.0% in the second quarter. Aberdeen Asset Management PLC UK now owns 1,207,150 shares of the company’s stock valued at $14,233,000 after acquiring an additional 517,200 shares during the period. Grosvenor Capital Management L.P. grew its stake in Brf by 83.5% in the second quarter. Grosvenor Capital Management L.P. now owns 1,573,202 shares of the company’s stock valued at $18,548,000 after acquiring an additional 715,902 shares during the period. Deltec Asset Management LLC grew its stake in Brf by 28.0% in the second quarter. Deltec Asset Management LLC now owns 64,000 shares of the company’s stock valued at $755,000 after acquiring an additional 14,000 shares during the period. Finally, SG Americas Securities LLC grew its stake in Brf by 10.4% in the second quarter. SG Americas Securities LLC now owns 95,804 shares of the company’s stock valued at $1,130,000 after acquiring an additional 9,020 shares during the period. 8.00% of the stock is owned by hedge funds and other institutional investors.
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Brf Company Profile
BRF SA is a multinational Brazilian company that owns a diverse portfolio of products and is a producer of foods. The Company’s segments include Brazil, Latin America (LATAM), Europe, Middle East and North of Africa (MENA), Asia, Africa and Other Segments. These segments include sales of all distribution channels and operations subdivided in to poultry, pork and other, processed, and other sales.
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