Shares of Brf S.A. (NYSE:BRFS) have been given a consensus rating of “Hold” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $10.00.

BRFS has been the subject of a number of recent research reports. TheStreet raised shares of BRF from a “d+” rating to a “c-” rating in a research report on Thursday. Zacks Investment Research raised shares of BRF from a “hold” rating to a “buy” rating and set a $10.00 price objective for the company in a research report on Wednesday, October 9th. HSBC downgraded shares of BRF from a “buy” rating to a “hold” rating in a research report on Monday, September 9th. Barclays set a $12.00 price objective on shares of BRF and gave the company a “buy” rating in a research report on Monday, August 12th. Finally, ValuEngine downgraded shares of BRF from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 2nd.

Shares of BRFS stock traded up $0.22 during mid-day trading on Tuesday, reaching $8.87. 1,811,142 shares of the company’s stock traded hands, compared to its average volume of 2,607,768. BRF has a 12 month low of $5.02 and a 12 month high of $9.96. The firm has a 50 day moving average price of $8.53 and a two-hundred day moving average price of $8.57. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.80 and a current ratio of 1.25. The firm has a market capitalization of $7.03 billion, a PE ratio of -16.43 and a beta of 0.69.

BRF (NYSE:BRFS) last issued its quarterly earnings data on Friday, November 8th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.05. BRF had a negative net margin of 7.96% and a positive return on equity of 6.23%. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $2.28 billion. As a group, equities analysts expect that BRF will post 0.32 earnings per share for the current fiscal year.

Institutional investors have recently modified their holdings of the stock. Renaissance Technologies LLC bought a new position in BRF in the 2nd quarter worth $9,081,000. Envestnet Asset Management Inc. bought a new position in BRF in the 3rd quarter worth $1,040,000. Vestmark Advisory Solutions Inc. bought a new position in BRF in the 3rd quarter worth $204,000. Bank of Nova Scotia bought a new position in BRF in the 2nd quarter worth $118,000. Finally, Royal Bank of Canada boosted its holdings in BRF by 19,847.0% in the 2nd quarter. Royal Bank of Canada now owns 112,501 shares of the company’s stock worth $855,000 after buying an additional 111,937 shares during the period. 10.31% of the stock is owned by institutional investors.

About BRF

BRF SA focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, frozen vegetables, and soybean by-products. Its product portfolio comprises whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine; and soy meal and refined soy flour, as well as animal feed.

Recommended Story: Trading based on a resistance level

Analyst Recommendations for BRF (NYSE:BRFS)

Receive News & Ratings for BRF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRF and related companies with MarketBeat.com's FREE daily email newsletter.