Jbs N.V. ( NYSE:JBS – Get Free Report )’s share price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $12.45 and traded as high as $12.97. JBS shares last traded at $12.9560, with a volume of 6,151,370 shares changing hands.
Wall Street Analyst Weigh In
JBS has been the subject of a number of research reports. Stephens cut their target price on shares of JBS from $18.00 to $17.00 and set an “overweight” rating for the company in a research report on Monday, August 17th. UBS Group lifted their price target on JBS from $17.00 to $17.50 and gave the company a “buy” rating in a report on Monday, August 24th. Wall Street Zen lowered JBS from a “hold” rating to a “sell” rating in a research report on Saturday, August 15th. Zacks Research upgraded shares of JBS from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Finally, JPMorgan Chase & Co. decreased their target price on JBS from $18.00 to $17.50 and set an “overweight” rating for the company in a research report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a ...