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

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

Several equities analysts have recently weighed in on the company. StockNews.com raised BRF from a “buy” rating to a “strong-buy” rating in a report on Wednesday, November 20th. Citigroup raised BRF from a “hold” rating to a “strong-buy” rating in a report on Wednesday, January 22nd.

BRF Stock Down 1.9 %

BRFS opened at $3.29 on Tuesday. BRF has a twelve month low of $2.78 and a twelve month high of $4.87. The company has a quick ratio of 0.93, a current ratio of 1.45 and a debt-to-equity ratio of 1.05. The firm has a 50 day moving average price of $3.82 and a 200-day moving average price of $4.20. The stock has a market capitalization of $3.56 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.19 and a beta of 1.86.

BRF Cuts Dividend

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

Hedge Funds Weigh In On BRF

A number of institutional investors have recently bought and sold shares of the stock. TD Private Client Wealth LLC purchased a new stake in BRF in the third quarter worth about $27,000. Hennion & Walsh Asset Management Inc. bought a new position in shares of BRF during the 4th quarter valued at approximately $43,000. PFG Investments LLC purchased a new stake in BRF in the 4th quarter worth approximately $51,000. Headlands Technologies LLC bought a new stake in BRF during the 4th quarter worth approximately $55,000. Finally, US Bancorp DE lifted its holdings in BRF by 127.1% during the third 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 in the last quarter. 4.76% of the stock is owned by institutional investors.

About BRF

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.