Fibria Celulose SA (FBR) Given Consensus Rating of “Buy” by Analysts

Shares of Fibria Celulose SA (NYSE:FBR) have been given an average recommendation of “Buy” by the nine brokerages that are presently covering the stock, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $14.25.

A number of research firms have recently commented on FBR. Credit Suisse Group reiterated a “neutral” rating on shares of Fibria Celulose in a report on Friday, December 1st. Zacks Investment Research cut shares of Fibria Celulose from a “hold” rating to a “sell” rating in a report on Thursday, December 28th. Goldman Sachs Group reiterated a “neutral” rating and set a $15.00 price target on shares of Fibria Celulose in a report on Monday, October 23rd. ValuEngine upgraded shares of Fibria Celulose from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Santander cut shares of Fibria Celulose from a “buy” rating to a “hold” rating in a report on Friday, December 1st.

Shares of Fibria Celulose (NYSE FBR) opened at $15.69 on Tuesday. Fibria Celulose has a fifty-two week low of $7.98 and a fifty-two week high of $17.21. The company has a current ratio of 1.96, a quick ratio of 1.55 and a debt-to-equity ratio of 1.20. The company has a market cap of $8,700.00, a P/E ratio of 39.23 and a beta of -0.11.

Fibria Celulose (NYSE:FBR) last posted its quarterly earnings results on Thursday, November 9th. The basic materials company reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.01. Fibria Celulose had a net margin of 26.14% and a return on equity of 21.01%. sell-side analysts forecast that Fibria Celulose will post 1.38 EPS for the current year.

A number of institutional investors have recently modified their holdings of FBR. Ameriprise Financial Inc. lifted its position in Fibria Celulose by 82.5% during the second quarter. Ameriprise Financial Inc. now owns 19,337 shares of the basic materials company’s stock valued at $196,000 after purchasing an additional 8,743 shares during the period. Stevens Capital Management LP bought a new position in Fibria Celulose during the second quarter valued at approximately $206,000. Profund Advisors LLC bought a new position in Fibria Celulose during the second quarter valued at approximately $259,000. Lazard Asset Management LLC lifted its position in Fibria Celulose by 22.6% during the second quarter. Lazard Asset Management LLC now owns 37,893 shares of the basic materials company’s stock valued at $384,000 after purchasing an additional 6,973 shares during the period. Finally, Quantitative Investment Management LLC bought a new position in Fibria Celulose during the second quarter valued at approximately $1,241,000. Institutional investors own 7.07% of the company’s stock.

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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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