Jbs N.V. (NYSE:JBS) Given Average Recommendation of “Moderate Buy” by Analysts

Jbs N.V. (NYSE:JBS) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $19.3750.

A number of research firms have commented on JBS. The Goldman Sachs Group set a $18.50 price target on JBS in a research report on Wednesday, November 26th. JPMorgan Chase & Co. cut their price objective on JBS from $21.00 to $20.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 14th. Mizuho set a $20.00 target price on shares of JBS in a research report on Tuesday, October 28th. Weiss Ratings restated a “buy (b-)” rating on shares of JBS in a report on Monday. Finally, Stephens restated an “overweight” rating and issued a $19.00 price target on shares of JBS in a research report on Friday, August 15th.

JBS Trading Up 0.8%

Shares of NYSE JBS opened at $14.14 on Friday. The company has a debt-to-equity ratio of 2.15, a current ratio of 1.54 and a quick ratio of 0.76. JBS has a 1 year low of $12.37 and a 1 year high of $17.80. The firm has a 50 day simple moving average of $13.55.

Institutional Trading of JBS

A number of institutional investors have recently bought and sold shares of JBS. EverSource Wealth Advisors LLC bought a new position in shares of JBS in the 2nd quarter worth about $29,000. Quarry LP acquired a new stake in JBS during the third quarter worth approximately $34,000. Jones Financial Companies Lllp increased its holdings in JBS by 489.1% in the third quarter. Jones Financial Companies Lllp now owns 2,657 shares of the company’s stock worth $39,000 after purchasing an additional 2,206 shares in the last quarter. MAI Capital Management bought a new stake in JBS in the second quarter worth approximately $44,000. Finally, Farther Finance Advisors LLC acquired a new position in JBS in the third quarter valued at approximately $44,000.

JBS Company Profile

JBS N.V., together with its subsidiaries, operates as a protein and food company worldwide. The company offers beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It also sells leather, leather, hygiene and cleaning products, collagen, metal packaging, biodiesel, and others, as well as wet blue leather, semi-finished, and finished leather products.