Analyst Price Target Update on Fibria Celulose S.A. (NYSE:FBR)

Fibria Celulose S.A. (NYSE:FBR): According to 4 Analysts, The short term target price has been estimated at $ 10.98.The target price could deviate by a maximum of $1.23 from the forecast price. In the near term, the target price could hit a high of $13 and a low of $ 10.

For the current week, the company shares have a recommendation consensus of Buy.

Fibria Celulose S.A. (NYSE:FBR) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.19 points or 2.26% at $8.23 with 1,318,123 shares getting traded. Post opening the session at $8.37, the shares hit an intraday low of $8.2 and an intraday high of $8.39 and the price was in this range throughout the day. The company has a market cap of $4,559 million and the number of outstanding shares have been calculated to be 553,934,650 shares. The 52-week high of Fibria Celulose S.A. (NYSE:FBR) is $14.94 and the 52-week low is $7.82.

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.

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