JBS S A/S (OTCMKTS:JBSAY) Lifted to “Overweight” at JPMorgan Chase & Co.

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JPMorgan Chase & Co. upgraded shares of JBS S A/S (OTCMKTS:JBSAY) from a neutral rating to an overweight rating in a report released on Thursday morning, The Fly reports.

A number of other brokerages have also recently commented on JBSAY. Barclays raised JBS S A/S from an equal weight rating to an overweight rating in a research note on Friday, June 21st. ValuEngine raised JBS S A/S from a hold rating to a buy rating in a research note on Wednesday, May 8th.

Shares of JBS S A/S stock opened at $14.49 on Thursday. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.91 and a current ratio of 1.65. JBS S A/S has a 52 week low of $4.20 and a 52 week high of $14.83. The stock has a 50 day moving average price of $13.00 and a two-hundred day moving average price of $10.21. The stock has a market capitalization of $19.72 billion, a PE ratio of 120.42 and a beta of 0.79.

JBS S A/S Company Profile

JBS SA, a food company, processes and trades in animal protein worldwide. It offers beef, pork, chicken, and lamb products and by-products; food products; pet food and concentrates; and bresaola. The company also produces and commercializes steel cans, plastic resins, soap bases and bars, biodiesel, glycerin, fatty acid, collagen, and wrapper, as well as wet blue, semi-finished, and finished leather products; manages industrial residue; purchases and sells soybeans; and produces, cogenerates, and commercializes electric power.

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