How Analysts Feel About Brf S.A. (NYSE:BRFS) After Increase in Sellers?

May 18, 2018 - By Cecil Scoggins

BRF S.A. (NYSE:BRFS) Logo

The stock of Brf S.A. (NYSE:BRFS) registered an increase of 9.06% in short interest. BRFS’s total short interest was 18.04 million shares in May as published by FINRA. Its up 9.06% from 16.54 million shares, reported previously. With 3.78 million shares average volume, it will take short sellers 5 days to cover their BRFS’s short positions. The short interest to Brf S.A.’s float is 2.65%.

The stock decreased 3.83% or $0.23 during the last trading session, reaching $5.77. About 830,893 shares traded. BRF S.A. (NYSE:BRFS) has declined 41.14% since May 18, 2017 and is downtrending. It has underperformed by 52.69% the S&P500.

BRF S.A. focuses on raising, producing, and slaughtering poultry and pork in Brazil, Latin America, Europe, the Middle East, Africa, and Asia. The company has market cap of $4.71 billion. The firm also processes, produces and sells fresh meat, processed foods, pasta, sauce, mayonnaise, frozen vegetables and soybean by-products. It currently has negative earnings. The Company’s product portfolio comprise whole chickens and frozen cuts of chicken, turkey, and pork; ham products, bologna, sausages, frankfurters, and other smoked products; hamburgers, breaded meat products, and meatballs; lasagnas, pizzas, cheese breads, pies, and frozen vegetables; margarine, sauces and mayonnaise; and soy meal and refined soy flour, and animal feed.

BRF S.A. (NYSE:BRFS) Ratings Coverage

Among 3 analysts covering BRF S.A. (NYSE:BRFS), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. BRF S.A. had 3 analyst reports since February 23, 2018 according to SRatingsIntel. The stock of BRF S.A. (NYSE:BRFS) earned “Neutral” rating by JP Morgan on Friday, February 23. The firm has “Neutral” rating by UBS given on Monday, March 19.

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