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Shares of BRF Brasil Foods (NASDAQ:BRFS) hit a new 52-week low during mid-day trading on Tuesday, ARN reports. The stock traded as low as $17.74 and last traded at $17.80, with a volume of 2,251,275 shares trading hands. The stock had previously closed at $17.84.

A number of analysts have recently weighed in on BRFS shares. Analysts at Goldman Sachs Group Inc. downgraded shares of BRF Brasil Foods from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, January 16th. Analysts at Zacks downgraded shares of BRF Brasil Foods from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, November 7th. They now have a $22.00 price target on the stock. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $22.00.

BRF Brasil Foods has a 1-year low of $17.79 and a 1-year high of $26.35. The stock’s 50-day moving average is $19.90 and its 200-day moving average is $22.56. The company has a market cap of $15.492 billion and a price-to-earnings ratio of 22.33.

The company also recently announced a special dividend, which is scheduled for Monday, February 24th. Stockholders of record on Monday, January 6th will be paid a dividend of 0.1777 per share. The ex-dividend date is Thursday, January 2nd.

BRF – Brasil Foods SA (NASDAQ:BRFS) is a food company with a focus on the production and sale of poultry, pork, beef cuts, milk, dairy products and processed food products.

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