5 stories mentioning JBS
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JBS N.V. Class A (JBS) has an average rating of buy and mean price target of $19.92, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
JBS (JBS) is likely to see improving earnings momentum, a valuation angle, and free cash flow buffer despite a weak start to the year, Morgan Stanley said in a note Friday.US Beef cycle remains challenging and Q2 industry margins appear weaker through May, but there are better signs into June and July, according to the note.The brokerage said it cut its 2026 EBITDA forecast by 7% after Q1 miss, but softer PPC estimates are likely related to temporary headwinds, and not structural issues.For the company's poultry producer, Morgan Stanley lowered its full-year EBITDA estimate by 9% but expects improvement in Q2 due to favorable seasonality and lower impacts from transient disruptions, according to the note.Morgan Stanley adjusted its price target to $19 per share from $20.50, while reiterating its overweight rating on the stock.Price: $13.62, Change: $-0.37, Percent Change: -2.61%
JBS (JBS) shares were down more than 4% in Thursday trading after JPMorgan downgraded the company's stock to neutral from overweight, and lowered its price target to $18.50 from $20.50.Trading volume stood at over 4.7 million shares, compared with a daily average of roughly 4.9 million.Price: $14.06, Change: $-0.64, Percent Change: -4.32%
JBS (JBS) has an average rating of Buy and mean price target of $20.34, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Consumer stocks were leaning lower pre-bell Monday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) declining by 0.6%.Somnigroup International (SGI) has agreed to acquire Leggett & Platt (LEG) in an all-stock deal valued at about $2.5 billion, the companies said. Leggett & Platt stock was up more than 8% and Somnigroup International shares were down more than 1% premarket.McDonald's (MCD) plans to roll out a new lineup of cold beverages in the US, including a Red Bull Dragonberry Energizer, The Wall Street Journal reported, citing company documents and people familiar with the matter. McDonald's shares were 0.1% lower pre-bell.JBS (JBS) has struck a new two-year collective bargaining agreement with workers at its Swift Beef plant in Colorado, according to statements on Sunday from the United Food and Commercial Workers Local 7 union and the company. JBS stock was down 0.2% premarket.