JBS S A/S (OTCMKTS:JBSAY) Upgraded to “Overweight” by Barclays

Barclays upgraded shares of JBS S A/S (OTCMKTS:JBSAY) from an equal weight rating to an overweight rating in a research report sent to investors on Friday, June 21st, The Fly reports.

Several other research firms also recently issued reports on JBSAY. ValuEngine downgraded shares of Valero Energy from a hold rating to a sell rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. raised shares of Scor from a neutral rating to an overweight rating in a research note on Thursday, June 13th.

JBS S A/S stock traded down $0.15 during mid-day trading on Friday, reaching $12.76. The company had a trading volume of 10,307 shares, compared to its average volume of 115,459. The company has a fifty day moving average of $11.50. The firm has a market cap of $17.41 billion, a P/E ratio of 80.69 and a beta of 0.76. JBS S A/S has a fifty-two week low of $4.20 and a fifty-two week high of $13.56.

The company also recently announced an annual dividend, which was paid on Friday, July 5th. Investors of record on Monday, May 13th were paid a dividend of $0.001 per share. This represents a yield of 0.01%. The ex-dividend date of this dividend was Friday, May 10th.

About JBS S A/S

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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