Wall Street Zen Upgrades JBS (NYSE:JBS) to Buy

JBS (NYSE:JBS) was upgraded by stock analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

Separately, BMO Capital Markets assumed coverage on JBS in a research note on Thursday, June 26th. They set an “outperform” rating on the stock.

JBS Trading Up 1.6%

Shares of NYSE JBS opened at $13.54 on Friday. JBS has a 52-week low of $12.83 and a 52-week high of $15.11.

Institutional Trading of JBS

An institutional investor recently bought a new position in JBS stock. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of Jbs N.V. (NYSE:JBS) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 17,535 shares of the company’s stock, valued at approximately $256,000.

JBS Company Profile

JBS N.V., together with its subsidiaries, operates as a protein and food company worldwide. The company offers beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It also sells leather, leather, hygiene and cleaning products, collagen, metal packaging, biodiesel, and others, as well as wet blue leather, semi-finished, and finished leather products.