Somewhat Favorable News Coverage Somewhat Unlikely to Affect BRF (BRFS) Stock Price
Media coverage about BRF (NYSE:BRFS) has trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BRF earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.4106984989804 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
BRF (BRFS) traded down $0.07 during trading hours on Friday, reaching $10.86. The company had a trading volume of 818,021 shares, compared to its average volume of 2,334,188. The firm has a market capitalization of $8,733.13, a price-to-earnings ratio of -36.20 and a beta of 0.51. The company has a quick ratio of 1.05, a current ratio of 1.52 and a debt-to-equity ratio of 1.46. BRF has a fifty-two week low of $10.60 and a fifty-two week high of $15.50.
Several analysts have recently issued reports on BRFS shares. J P Morgan Chase & Co raised BRF from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $13.00 to $16.00 in a report on Thursday, September 14th. Zacks Investment Research raised BRF from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Finally, BidaskClub raised BRF from a “hold” rating to a “buy” rating in a research note on Saturday, September 23rd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $15.00.
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BRF SA is a multinational Brazilian company that owns a diverse portfolio of products and is a producer of foods. The Company’s segments include Brazil, Latin America (LATAM), Europe, Middle East and North of Africa (MENA), Asia, Africa and Other Segments. These segments include sales of all distribution channels and operations subdivided in to poultry, pork and other, processed, and other sales.
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