Fibria Celulose (NYSE:FBR) was downgraded by analysts at Santander from a “buy” rating to a “hold” rating in a note issued to investors on Friday.

A number of other research firms also recently commented on FBR. Goldman Sachs Group reaffirmed a “neutral” rating and issued a $15.00 target price on shares of Fibria Celulose in a research report on Monday, October 23rd. Zacks Investment Research downgraded shares of Fibria Celulose from a “buy” rating to a “hold” rating in a research report on Tuesday, October 10th. BidaskClub raised shares of Fibria Celulose from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, August 23rd. Finally, Citigroup raised shares of Fibria Celulose from a “neutral” rating to a “buy” rating in a research report on Monday, August 14th. Four research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $14.17.

Fibria Celulose (NYSE FBR) traded down $0.17 during midday trading on Friday, hitting $13.73. 689,955 shares of the company were exchanged, compared to its average volume of 1,514,622. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.96 and a quick ratio of 1.55. The stock has a market cap of $8,436.43, a P/E ratio of 37.15 and a beta of -0.08. Fibria Celulose has a 1 year low of $7.98 and a 1 year high of $17.21.

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC purchased a new position in Fibria Celulose during the 3rd quarter worth $136,000. Quantbot Technologies LP purchased a new position in Fibria Celulose during the 2nd quarter worth $115,000. First Trust Advisors LP purchased a new position in Fibria Celulose during the 3rd quarter worth $213,000. Cubist Systematic Strategies LLC purchased a new position in Fibria Celulose during the 2nd quarter worth $166,000. Finally, Ameriprise Financial Inc. grew its position in Fibria Celulose by 82.5% during the 2nd quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock worth $196,000 after purchasing an additional 8,743 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

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About Fibria Celulose

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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