Brf S.A. (NYSE:BRFS) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Brf S.A. (NYSE:BRFS - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the five analysts that are currently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $10.70.

BRFS has been the topic of a number of research reports. Citigroup upgraded BRF from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, January 22nd. StockNews.com upgraded BRF from a "buy" rating to a "strong-buy" rating in a research note on Friday, March 7th.

Institutional Trading of BRF

Several hedge funds have recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its stake in shares of BRF by 50.3% in the fourth quarter. Public Employees Retirement System of Ohio now owns 284,203 shares of the company's stock valued at $1,157,000 after acquiring an additional 95,158 shares in the last quarter. Vident Advisory LLC raised its stake in BRF by 40.4% in the fourth quarter. Vident Advisory LLC now owns 68,391 shares of the company's stock valued at $278,000 after buying an additional 19,670 shares in the last quarter. Two Sigma Advisers LP raised its stake in BRF by 111.1% in the fourth quarter. Two Sigma Advisers LP now owns 662,300 shares of the company's stock valued at $2,696,000 after buying an additional 348,600 shares in the last quarter. Two Sigma Investments LP raised its stake in BRF by 4.3% in the fourth quarter. Two Sigma Investments LP now owns 2,217,514 shares of the company's stock valued at $9,025,000 after buying an additional 91,268 shares in the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in BRF in the fourth quarter valued at $1,490,000. 4.76% of the stock is currently owned by institutional investors and hedge funds.

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BRF Trading Up 8.0 %

BRF stock traded up $0.26 during mid-day trading on Friday, hitting $3.45. The company's stock had a trading volume of 2,330,667 shares, compared to its average volume of 2,539,430. The firm has a market capitalization of $3.73 billion, a PE ratio of 8.01, a price-to-earnings-growth ratio of 0.19 and a beta of 1.90. BRF has a 1 year low of $2.99 and a 1 year high of $4.87. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05. The stock's fifty day moving average is $3.53 and its two-hundred day moving average is $4.07.

BRF (NYSE:BRFS - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.11). BRF had a return on equity of 19.66% and a net margin of 6.52%. The business had revenue of $3 billion during the quarter, compared to analysts' expectations of $2.72 billion. On average, analysts anticipate that BRF will post 0.45 EPS for the current year.

About BRF

BRF SA raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna.