In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on JBS, with a price target of $22.00. The company’s shares closed yesterday at $13.57.
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According to TipRanks, Theurer is a 3-star analyst with an average return of 3.4% and a 47.83% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Hormel Foods, Coca Cola Femsa SAB De CV, and Pilgrim’s Pride.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for JBS with a $20.16 average price target.
JBS market cap is currently $14.32B and has a P/E ratio of 10.93.
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