BRF S.A. (NYSE:BRFS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 4 by 1 Brokerage Firm. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, JP Morgan upgrades its outlook on BRF S.A. (NYSE:BRFS). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Neutral. The brokerage firm maintains the price target at $14 per share. The rating by the firm was issued on May 31, 2016.
BRF S.A. (NYSE:BRFS) rose 0.9% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $13.52 the stock was seen hitting $13.62 as a peak level and $13.21 as the lowest level. The stock ended up at $13.5. The daily volume was measured at 954,285 shares. The 52-week high of the share price is $22.3 and the 52-week low is $11.05. The company has a market cap of $10,968 million.
Shares of BRF S.A. rose by 4.33% in the last five trading days and 3.37% for the last 4 weeks. BRF S.A. has dropped 11.94% during the last 3-month period . Year-to-Date the stock performance stands at -2.11%.
BRF SA (BRF) is a Brazil-based food company. The Company produces fresh and frozen protein foods, margarine, sweet specialties, sandwiches, mayonnaise and animal feed and markets these products under Sadia, Perdigao and Qualy brands. The Company operates in three segments: domestic market (Brazil), which includes the Companys sales executed in Brazil, except those relating to products in the food service channel; foreign (international) markets (that are divided into four regions: Middle East and Africa; Europe and Eurasia; Asia and the Americas), which includes the Companys sales for exports and those generated outside Brazil, except those relating to products in the food service channel, and food services, which includes the Companys sales of all products in its portfolio, generated in Brazil and foreign market, to the customers for food service category that includes bars, restaurants and industrial kitchens.