Brf S.A. (NYSE:BRFS – Get Rating)’s share price traded down 5.6% during trading on Tuesday . The stock traded as low as $1.93 and last traded at $1.93. 448,776 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 4,381,473 shares. The stock had previously closed at $2.04.
Analysts Set New Price Targets
Several analysts have recently commented on the company. JPMorgan Chase & Co. raised BRF from an “underweight” rating to a “neutral” rating in a research note on Tuesday, September 27th. The Goldman Sachs Group raised BRF from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 15th. StockNews.com began coverage on BRF in a research report on Wednesday, October 12th. They set a “hold” rating for the company. Finally, Citigroup downgraded BRF from a “buy” rating to a “neutral” rating in a research report on Tuesday, October 25th. Four analysts have rated the stock with a hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $2.40.
BRF Price Performance
The company has a current ratio of 1.28, a quick ratio of 0.69 and a debt-to-equity ratio of 1.66. The stock has a 50-day moving average of $2.47 and a 200 day moving average of $2.76.
Institutional Trading of BRF
BRF Company Profile
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.
- Get a free copy of the StockNews.com research report on BRF (BRFS)
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