Wall Street Zen upgraded shares of JBS (NYSE:JBS – Free Report) from a hold rating to a buy rating in a research note issued to investors on Sunday morning.
Separately, BMO Capital Markets initiated coverage on JBS in a research report on Thursday, June 26th. They set an “outperform” rating for the company.
View Our Latest Analysis on JBS
JBS Price Performance
Institutional Investors Weigh In On JBS
A number of large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC bought a new stake in JBS during the second quarter worth approximately $53,000. Sumitomo Mitsui DS Asset Management Company Ltd bought a new stake in JBS during the second quarter worth approximately $256,000. Finally, Public Employees Retirement System of Ohio acquired a new stake in shares of JBS in the second quarter worth $296,000.
About JBS
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.
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