TheStreet lowered shares of Fibria Celulose S.A. (NYSE:FBR) from a c rating to a d+ rating in a research report released on Wednesday.

Other research analysts have also issued research reports about the company. BidaskClub upgraded Fibria Celulose from a sell rating to a hold rating in a research report on Wednesday, July 19th. J P Morgan Chase & Co upgraded Fibria Celulose from a neutral rating to an overweight rating and lifted their target price for the stock from $10.00 to $13.50 in a research report on Wednesday, June 14th. Zacks Investment Research lowered Fibria Celulose from a buy rating to a hold rating in a research report on Friday, June 9th. ValuEngine lowered Fibria Celulose from a buy rating to a hold rating in a research report on Friday, June 2nd. Finally, Credit Suisse Group upgraded Fibria Celulose from a neutral rating to an outperform rating in a research report on Friday, May 19th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Fibria Celulose has an average rating of Buy and an average price target of $12.75.

Shares of Fibria Celulose (NYSE:FBR) opened at 10.63 on Wednesday. The stock’s market cap is $5.93 billion. The firm has a 50-day moving average price of $10.50 and a 200-day moving average price of $9.65. Fibria Celulose has a 52 week low of $5.79 and a 52 week high of $11.95.

Fibria Celulose (NYSE:FBR) last issued its quarterly earnings data on Wednesday, April 26th. The basic materials company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.27 by $0.08. The business had revenue of $663.26 million for the quarter. Fibria Celulose had a net margin of 0.15% and a return on equity of 0.15%. On average, analysts forecast that Fibria Celulose will post $0.55 earnings per share for the current fiscal year.

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Several hedge funds have recently made changes to their positions in FBR. Partners Value Investments LP bought a new stake in shares of Fibria Celulose during the first quarter valued at about $5,945,000. Goldman Sachs Group Inc. increased its stake in shares of Fibria Celulose by 124.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,159,422 shares of the basic materials company’s stock valued at $10,597,000 after buying an additional 642,400 shares during the period. Alliancebernstein L.P. increased its stake in shares of Fibria Celulose by 161.1% in the first quarter. Alliancebernstein L.P. now owns 323,333 shares of the basic materials company’s stock valued at $2,955,000 after buying an additional 199,509 shares during the period. Thomas White International Ltd. bought a new stake in shares of Fibria Celulose during the first quarter valued at about $1,292,000. Finally, Bienville Capital Management LLC bought a new stake in shares of Fibria Celulose during the first quarter valued at about $1,224,000. 6.14% of the stock is currently owned by institutional investors and hedge funds.

About Fibria Celulose

Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).

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