BRF SA (BRFS): Today's Featured Food & Beverage Laggard
(
) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.6%. By the end of trading, BRF fell $0.31 (-1.4%) to $21.00 on average volume. Throughout the day, 2,024,552 shares of BRF exchanged hands as compared to its average daily volume of 1,544,400 shares. The stock ranged in price between $20.74-$21.05 after having opened the day at $21.01 as compared to the previous trading day's close of $21.31. Other companies within the Food & Beverage industry that declined today were:
(
), down 5.7%,
(
), down 2.5%,
(
), down 2.5% and
(
), down 2.3%.
BRF S.A., together with its subsidiaries, engages in raising, producing, and slaughtering poultry, pork, and beef in Brazil. The company is also involved in processing and selling fresh meat, processed products, milk and dairy products, pasta, frozen vegetables, and soybean derivatives. BRF has a market cap of $18.5 billion and is part of the consumer goods sector. Shares are up 0.9% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate BRF a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
BRF
as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full BRF Ratings Report.
On the positive front,
(
), up 7.1%,
(
), up 4.4%,
(
), up 4.1% and
(
), up 3.6% , were all gainers within the food & beverage industry with
(
) being today's featured food & beverage industry leader.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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