Brf S.A. (NYSE:BRFS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Brf S.A. (NYSE:BRFSGet Free Report) have received an average recommendation of “Moderate Buy” from the five research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $10.70.

BRFS has been the subject of a number of research analyst reports. Citigroup upgraded shares of BRF from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd. StockNews.com upgraded BRF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, November 20th.

Read Our Latest Analysis on BRF

BRF Price Performance

BRFS stock opened at $3.74 on Friday. The stock has a market cap of $4.04 billion, a PE ratio of 8.69, a P/E/G ratio of 0.21 and a beta of 1.88. BRF has a 12 month low of $2.67 and a 12 month high of $4.87. The company has a 50-day moving average price of $4.16 and a 200 day moving average price of $4.23. The company has a current ratio of 1.45, a quick ratio of 0.93 and a debt-to-equity ratio of 1.05.

BRF Cuts Dividend

The company also recently announced a — dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were paid a $0.0217 dividend. The ex-dividend date was Wednesday, December 18th. This represents a yield of 1.6%. BRF’s dividend payout ratio (DPR) is 20.93%.

Institutional Trading of BRF

Several large investors have recently added to or reduced their stakes in the company. TD Private Client Wealth LLC purchased a new position in BRF during the third quarter valued at approximately $27,000. Hennion & Walsh Asset Management Inc. purchased a new position in BRF during the fourth quarter valued at $43,000. PFG Investments LLC acquired a new stake in BRF in the 4th quarter worth about $51,000. SPX Gestao de Recursos Ltda acquired a new stake in shares of BRF in the second quarter worth approximately $58,000. Finally, US Bancorp DE raised its stake in BRF by 127.1% in the 3rd quarter. US Bancorp DE now owns 15,871 shares of the company’s stock valued at $69,000 after purchasing an additional 8,882 shares during the last quarter. Hedge funds and other institutional investors own 4.76% of the company’s stock.

About BRF

(Get Free Report

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.

Further Reading

Analyst Recommendations for BRF (NYSE:BRFS)

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