Barclays Cuts JBS (NYSE:JBS) Price Target to $21.00

JBS (NYSE:JBS) had its target price decreased by Barclays from $23.00 to $21.00 in a research note published on Thursday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

Other analysts also recently issued reports about the company. Mizuho raised JBS to a “strong-buy” rating in a research report on Friday, April 10th. Weiss Ratings reissued a “buy (b-)” rating on shares of JBS in a research report on Monday, May 4th. Zacks Research downgraded JBS from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 14th. JPMorgan Chase & Co. downgraded JBS from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $20.50 to $18.50 in a research report on Thursday. Finally, UBS Group raised JBS to a “strong-buy” rating in a research report on Friday, February 6th. Two equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $19.42.

JBS Stock Down 3.4%

Shares of NYSE:JBS opened at $13.51 on Thursday. The business has a 50-day moving average price of $16.39 and a 200 day moving average price of $15.30. The company has a current ratio of 1.50, a quick ratio of 0.91 and a debt-to-equity ratio of 2.42. The company has a market capitalization of $10.48 billion and a price-to-earnings ratio of 8.50. JBS has a 12-month low of $12.37 and a 12-month high of $18.65.

JBS (NYSE:JBS) last issued its quarterly earnings data on Tuesday, May 12th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.28 by ($0.08). The business had revenue of $21.61 billion for the quarter. JBS had a return on equity of 19.28% and a net margin of 1.98%.JBS’s quarterly revenue was up 10.7% compared to the same quarter last year. Sell-side analysts expect that JBS will post 1.78 EPS for the current year.

JBS Dividend Announcement

The company also recently announced a dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Monday, May 18th will be given a $1.00 dividend. The ex-dividend date of this dividend is Monday, May 18th. JBS’s payout ratio is currently 62.89%.

Hedge Funds Weigh In On JBS

Several institutional investors have recently bought and sold shares of the company. Rhumbline Advisers purchased a new position in shares of JBS in the 2nd quarter valued at about $203,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of JBS in the 2nd quarter valued at about $5,490,000. EverSource Wealth Advisors LLC purchased a new position in shares of JBS in the 2nd quarter valued at about $29,000. First Trust Advisors LP purchased a new position in shares of JBS in the 2nd quarter valued at about $1,419,000. Finally, Marshall Wace LLP purchased a new position in shares of JBS in the 2nd quarter valued at about $5,206,000.

JBS News Roundup

Here are the key news stories impacting JBS this week:

• Positive Sentiment: Zacks Research upgraded JBS from strong sell to hold, suggesting the sell-off may have gone too far and that downside sentiment could be easing.
• Positive Sentiment: Barclays kept an overweight rating on JBS and assigned a new $21.00 price target, indicating meaningful upside from current levels despite trimming its prior target.
• Neutral Sentiment: JBS reported its Q1 2026 earnings call and related coverage highlighted valuation questions after recent share weakness, keeping investor focus on whether the stock is undervalued after the pullback. JBS N.V. (JBS) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Coverage from industry and market outlets pointed to tight cattle supply and broader North American headwinds weighing on results, reinforcing concerns about near-term earnings pressure. Tight cattle supply weighs on JBS earnings
• Neutral Sentiment: Valuation-focused commentary noted the recent share-price weakness, with investors reassessing whether JBS’s lower multiple reflects temporary turbulence or a deeper slowdown. Assessing JBS (NYSE:JBS) Valuation After Recent Share Price Weakness
• Negative Sentiment: JPMorgan Chase & Co. downgraded JBS to neutral from overweight, signaling less confidence in near-term upside.
• Negative Sentiment: Barclays also cut its price target from $23.00 to $21.00, showing analysts are still positive but more cautious about the earnings outlook.
• Negative Sentiment: JBS posted a 56% drop in Q1 net profit amid challenges in North American operations, a key reason investors have been selling the shares. JBS posts 56% drop in Q1 net profit amid challenges in North American operations
• Negative Sentiment: Further reporting said North American headwinds whacked profits, reinforcing concerns that operating conditions may remain difficult in the near term. JBS slips after headwinds in North America whack profits

JBS Company Profile

JBS SA is a global leader in the production and processing of meat products, with a focus on beef, pork and poultry. Headquartered in São Paulo, Brazil, the company operates through an extensive network of owned facilities and partnerships that span the Americas, Europe and the Asia-Pacific region. JBS supplies fresh, frozen and value-added protein solutions for retail, foodservice and industrial customers, and is active across the entire supply chain—from livestock procurement and feed production to slaughtering, processing, packaging and distribution.

Founded in 1953 by José Batista Sobrinho in Anápolis, Goiás, JBS began as a small slaughterhouse and expanded rapidly through strategic acquisitions and organic growth.