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

Brf S.A. (NYSE:BRFS) has been assigned an average rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $10.70.

Several equities analysts recently commented on BRFS shares. StockNews.com raised BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Citigroup upgraded shares of BRF from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, January 22nd.

BRF Stock Up 0.8 %

BRF stock opened at $3.36 on Tuesday. BRF has a twelve month low of $2.67 and a twelve month high of $4.87. The stock’s fifty day simple moving average is $3.84 and its 200-day simple moving average is $4.20. 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 firm has a market capitalization of $3.63 billion, a P/E ratio of 7.80, a P/E/G ratio of 0.19 and a beta of 1.86.

BRF Cuts Dividend

The business also recently disclosed a — dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, December 18th were given a dividend of $0.0217 per share. The ex-dividend date was Wednesday, December 18th. This represents a dividend yield of 1.6%. BRF’s dividend payout ratio is currently 20.93%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BRFS. TD Private Client Wealth LLC acquired a new position in BRF in the 3rd quarter valued at $27,000. Hennion & Walsh Asset Management Inc. acquired a new stake in BRF during the fourth quarter worth about $43,000. PFG Investments LLC acquired a new stake in BRF during the fourth quarter worth about $51,000. Headlands Technologies LLC acquired a new stake in shares of BRF in the fourth quarter valued at approximately $55,000. Finally, US Bancorp DE boosted its holdings in shares of BRF by 127.1% in the third quarter. US Bancorp DE now owns 15,871 shares of the company’s stock valued at $69,000 after acquiring an additional 8,882 shares in the last quarter. 4.76% of the stock is currently owned by institutional investors and hedge funds.

BRF Company Profile

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.