BRF (BRFS) Shares Gap Down to $5.59
Brf S.A. (NYSE:BRFS) shares gapped down before the market opened on Thursday . The stock had previously closed at $5.51, but opened at $5.59. BRF shares last traded at $5.76, with a volume of 87373 shares traded.
BRFS has been the subject of several research reports. ValuEngine raised BRF from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Zacks Investment Research downgraded BRF from a “hold” rating to a “sell” rating in a research note on Monday, March 18th. Finally, Barclays reaffirmed a “buy” rating and set a $7.00 price target on shares of BRF in a research note on Sunday, March 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. BRF has a consensus rating of “Hold” and an average price target of $7.00.
The company has a market cap of $4.74 billion, a price-to-earnings ratio of -10.81 and a beta of 0.54. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 1.31.
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BRF Company Profile (NYSE:BRFS)
BRF SA focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, sauce, mayonnaise, 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, mustard and ketchup, and sauces and mayonnaise; and soy meal and refined soy flour, as well as animal feed.
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