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Barclays Sticks to Its Hold Rating for BRF SA (BRFS)
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Barclays Sticks to Its Hold Rating for BRF SA (BRFS)

Barclays analyst Benjamin Theurer maintained a Hold rating on BRF SA (BRFSResearch Report) yesterday and set a price target of $2.50. The company’s shares closed yesterday at $2.80.

Theurer covers the Consumer Defensive sector, focusing on stocks such as Ingredion, Coca Cola Femsa SAB De CV, and Tyson Foods. According to TipRanks, Theurer has an average return of 5.6% and a 55.80% success rate on recommended stocks.

Currently, the analyst consensus on BRF SA is a Hold with an average price target of $2.57.

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BRFS market cap is currently $4.55B and has a P/E ratio of -4.31.

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BRF SA (BRFS) Company Description:

BRF SA engages in the breeding and slaughter of poultry and pork for processing. The firm also produces and sells fresh meat processed foods, pasta, sauce, mayonnaise, frozen vegetables, and soybean byproducts. It operates through the following business segments: Brazil, Halal, International, and Other. BRF SA was founded in 1934 and is headquartered in Sao Paulo, Brazil.

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