Barclays analyst Benjamin Theurer upgraded Brasil Foods (NYSE: BRFS) to Buy today. The company’s shares closed on Friday at $5.98, close to its 52-week low of $4.65.
According to TipRanks.com, Theurer is ranked #1950 out of 4835 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brasil Foods.
See today’s analyst top recommended stocks >>
Based on Brasil Foods’ latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $38.29 million. In comparison, last year the company had a GAAP net loss of $51.46 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
BRF SA engages in the breeding and slaughter of poultry and pork for processing, and the production and sale of fresh meat processed foods, pasta, sauce, mayonnaise, frozen vegetables, and soybean byproducts. It operates through the following business segments: Brazil, One Foods, International, Southern-Cone, and Other.
