Fibria Celulose S.A. (NYSE:FBR) : The consensus on Fibria Celulose S.A. (NYSE:FBR) based on 4 analyst recommendation on the company stock is 1.88, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Fibria Celulose S.A. (NYSE:FBR) : Currently there are 4 street experts covering Fibria Celulose S.A. (NYSE:FBR) stock. The most bullish and bearish price target for the stock is $13 and $10 respectively for the short term. The average price target of all the analysts comes to $10.98. The estimated standard deviation from the target is $1.23.
For the current week, the company shares have a recommendation consensus of Buy.
Fibria Celulose S.A. (NYSE:FBR): On Tuesdays trading session , Opening price of the stock was $7.04 with an intraday high of $7.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $6.84. However, the stock managed to close at $6.87, a loss of 0.87% for the day. On the previous day, the stock had closed at $6.93. The total traded volume of the day was 1,620,895 shares.
Fibria Celulose SA, formerly Votorantim Celulose e Papel SA, is a Brazil-based company involved in the production and sale of short fiber pulp. The Company operates pulp manufacturing plants in Aracruz (Espirito Santo), Tres Lagoas (Mato Grosso do Sul), Jacarei (Sao Paulo) and Veracel (Bahia). Additionally, the Company is engaged in the cultivation of eucalyptus. It has plantations in the Brazilian states of Sao Paulo, Minas Gerais, Rio de Janeiro, Mato Grosso do Sul, Bahia and Espirito Santo. In 2011, the Company sold a business unit active in paper production. The Company has a number of subsidiaries in Brazil and abroad, including Normus Empreendimentos e Participacoes Ltda, Fibria Overseas Finance Ltd and Fibria Celulose (USA) Inc, among others. On October, 2013, the Company announced merger by incorporation of Normus Empreendimentos e Participacoes Ltda, a wholly-owned subsidiary of the Company, in order to simplify the corporate structure.