BidaskClub upgraded shares of Fibria Celulose S.A. (NYSE:FBR) from a hold rating to a buy rating in a report published on Wednesday.

Other equities research analysts have also issued research reports about the stock. TheStreet lowered shares of Fibria Celulose from a c rating to a d+ rating in a report on Wednesday, July 26th. J P Morgan Chase & Co upgraded shares of Fibria Celulose from a neutral rating to an overweight rating and upped their target price for the stock from $10.00 to $13.50 in a report on Wednesday, June 14th. Zacks Investment Research lowered shares of Fibria Celulose from a buy rating to a hold rating in a report on Friday, June 9th. ValuEngine downgraded shares of Fibria Celulose from a buy rating to a hold rating in a research report on Friday, June 2nd. Finally, Credit Suisse Group raised shares of Fibria Celulose from a neutral rating to an outperform rating in a research report on Friday, May 19th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Fibria Celulose presently has an average rating of Buy and an average price target of $12.75.

Fibria Celulose (NYSE:FBR) traded up 4.00% on Wednesday, hitting $11.43. The stock had a trading volume of 1,873,736 shares. The company’s 50 day moving average is $10.50 and its 200-day moving average is $9.73. The firm’s market capitalization is $6.37 billion. Fibria Celulose has a 1-year low of $6.24 and a 1-year high of $11.95.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC bought a new position in Fibria Celulose during the first quarter worth $113,000. Advisory Services Network LLC bought a new position in Fibria Celulose during the first quarter worth $1,010,000. Comerica Bank increased its position in Fibria Celulose by 1.3% in the first quarter. Comerica Bank now owns 31,760 shares of the basic materials company’s stock worth $291,000 after buying an additional 413 shares in the last quarter. World Asset Management Inc increased its position in Fibria Celulose by 1.6% in the first quarter. World Asset Management Inc now owns 34,474 shares of the basic materials company’s stock worth $315,000 after buying an additional 537 shares in the last quarter. Finally, Teza Capital Management LLC bought a new position in Fibria Celulose during the first quarter worth $151,000. 6.14% of the stock is owned by hedge funds and other institutional investors.

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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