BRF - BRFS Stock Forecast, Price & News

BRF S.A. 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. It also produces and sells frozen prepared entrees, such as pastas and pizzas, including lasagna, macaroni, sandwiches, cheese breads, and other ready-to-eat meals; pies and pastries comprising chicken and heart-of-palm pies, sauces, and toppings; frozen desserts; plant-based products, such as nuggets, pies, vegetables, and hamburgers; and soy meal, refined soy flour, and animal feed, as well as sell frozen French fries, margarine, butter, and cream cheese. The company primarily sells its products under the Sadia, Perdigão, Qualy, Chester, Kidelli, Perdix, Biofresh, Gran Plus, and Banvit brands. It serves supermarkets, wholesalers, retail stores, food services, restaurants, and other institutional buyers. The company is also involved in the provision of consultancy, marketing, and logistics services; commercialization of electric energy; and import, industrialization, and commercialization of products. BRF S.A. operates primarily in Brazil, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company was formerly known as BRF-Brasil Foods S.A. and changed its name to BRF S.A. in April 2013. BRF S.A. was founded in 1934 and is headquartered in Itajaí, Brazil.

BRF Stock Performance

Shares of BRFS opened at $3.18 on Friday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.70 and a current ratio of 1.30. The stock has a market capitalization of $2.57 billion, a P/E ratio of -12.23 and a beta of 1.79. The company's fifty day moving average is $2.87 and its two-hundred day moving average is $3.12. BRF has a 1 year low of $2.30 and a 1 year high of $5.19.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. TheStreet cut shares of BRF from a "c" rating to a "d" rating in a report on Thursday, May 5th. JPMorgan Chase & Co. cut shares of BRF from a "neutral" rating to an "underweight" rating in a report on Thursday, May 5th. Finally, The Goldman Sachs Group lifted their target price on shares of BRF from $2.50 to $2.80 and gave the company a "sell" rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $2.80.