Scotiabank Sticks to Its Hold Rating for Fibria Celulose SA


Scotiabank analyst Benoit Laprade reiterated a Hold rating on Fibria Celulose SA (NYSE: FBR) on July 10 and set a price target of $20.75. The company’s shares closed yesterday at $18.64.

Laprade has an average return of 18.4% when recommending Fibria Celulose SA.

According to TipRanks.com, Laprade is ranked #878 out of 4842 analysts.

Currently, the analyst consensus on Fibria Celulose SA is a Hold with an average price target of $20.75.

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The company has a one-year high of $22.05 and a one-year low of $9.94. Currently, Fibria Celulose SA has an average volume of 1.08M.

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Fibria Celulose SA produces forest products. The company engages in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz, Três Lagoas, Jacareí, and Eunápolis.

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