Brasil Foods Receives a Hold from Barclays

Barclays analyst Benjamin Theurer maintained a Hold rating on Brasil Foods (NYSE: BRFS) yesterday and set a price target of $7. The company’s shares closed yesterday at $6.83, close to its 52-week low of $5.95.

According to TipRanks.com, Theurer is a 3-star analyst with an average return of 4.7% and a 51.5% success rate. Theurer covers the Consumer Goods sector, focusing on stocks such as Coca Cola Femsa SAB De CV, Sanderson Farms, and Hormel Foods.

Brasil Foods has an analyst consensus of Hold, with a price target consensus of $7.

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The company has a one-year high of $15.50 and a one-year low of $5.95. Currently, Brasil Foods has an average volume of 3.43M.

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BRF SA engages in the food business. It focuses on raising, producing, and slaughtering of poultry, pork for processing, production and sale of fresh meat processed foods, pasta, sauce, mayonnaise, frozen vegetables and soybean byproducts. It operates through the following geographical segments: Brazil, Latin America, Europe, Middle East and Africa, and Asia.