JPMorgan Chase & Co. lowered shares of BRF (NYSE:BRFS) from an overweight rating to a neutral rating in a research note released on Friday morning, MarketBeat Ratings reports.
Several other brokerages also recently weighed in on BRFS. Zacks Investment Research downgraded shares of BRF from a hold rating to a sell rating in a report on Wednesday, December 13th. TheStreet downgraded shares of BRF from a c- rating to a d+ rating in a report on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $15.00.
BRF (BRFS) opened at $8.85 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.05 and a debt-to-equity ratio of 1.46. BRF has a 1-year low of $8.64 and a 1-year high of $15.50. The firm has a market cap of $7,230.00, a P/E ratio of -29.50 and a beta of 0.47.
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BRF SA is a multinational Brazilian company that owns a diverse portfolio of products and is a producer of foods. The Company’s segments include Brazil, Latin America (LATAM), Europe, Middle East and North of Africa (MENA), Asia, Africa and Other Segments. These segments include sales of all distribution channels and operations subdivided in to poultry, pork and other, processed, and other sales.
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