Fibria Celulose S.A. (NYSE:FBR) was downgraded by equities research analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Saturday.

FBR has been the subject of several other reports. ValuEngine lowered shares of Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research lowered shares of Fibria Celulose from a “buy” rating to a “hold” rating in a research note on Tuesday, March 21st. Credit Suisse Group upgraded shares of Fibria Celulose from a “neutral” rating to an “outperform” rating in a research note on Friday, May 19th. Finally, J P Morgan Chase & Co upgraded shares of Fibria Celulose from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $10.00 to $13.50 in a research note on Wednesday, June 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. Fibria Celulose presently has an average rating of “Hold” and a consensus target price of $10.80.

Fibria Celulose (FBR) traded down 2.82% during midday trading on Friday, reaching $9.65. 994,385 shares of the company’s stock traded hands. Fibria Celulose has a 52-week low of $5.79 and a 52-week high of $11.95. The company’s 50-day moving average price is $10.66 and its 200-day moving average price is $9.53. The stock has a market cap of $5.34 billion, a P/E ratio of 17.61 and a beta of 0.02.

Fibria Celulose (NYSE:FBR) last posted its earnings results on Wednesday, April 26th. The basic materials company reported $0.19 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.08. The company had revenue of $663.26 million during the quarter. Fibria Celulose had a return on equity of 7.04% and a net margin of 10.55%. On average, equities analysts predict that Fibria Celulose will post $0.42 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently modified their holdings of FBR. Two Sigma Securities LLC acquired a new position in shares of Fibria Celulose during the first quarter valued at about $107,000. Virtu Financial LLC acquired a new position in shares of Fibria Celulose during the first quarter valued at about $113,000. Teza Capital Management LLC acquired a new position in shares of Fibria Celulose during the first quarter valued at about $151,000. Tower Research Capital LLC TRC raised its position in shares of Fibria Celulose by 6,485.4% in the first quarter. Tower Research Capital LLC TRC now owns 18,439 shares of the basic materials company’s stock valued at $169,000 after buying an additional 18,159 shares during the last quarter. Finally, Sensato Investors LLC acquired a new position in shares of Fibria Celulose during the first quarter valued at about $246,000. Institutional investors own 6.15% of the company’s stock.

Fibria Celulose Company Profile

Fibria Celulose SA (Fibria) is a forestry company, which is engaged in the production of eucalyptus pulp. The Company is engaged in the production and sale of short fiber pulp from its pulp production facilities located in the cities of Aracruz (State of Espirito Santo), Tres Lagoas (State of Mato Grosso do Sul), Jacarei (State of Sao Paulo) and Eunapolis (State of Bahia).

Analyst Recommendations for Fibria Celulose (NYSE:FBR)

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