BRF SA (NYSE: BRFS) stock closed at $3.72 on 5/8/24 after a major increase of 10.7%. Moreover, trading volume in this advance was exceptionally high at 325% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 13.1% during the last week.
Current PriceTarget Research Rating
BRFS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
BRF has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. BRF has a slightly negative Appreciation Score of 35 but a very high Power Rating of 96, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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