Fibria Celulose S.A. (FBR) : Analyst Rating Update

Fibria Celulose S.A. (FBR) : Zacks Investment Research ranks Fibria Celulose S.A. (FBR) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.88, which indicates as a Buy.

Fibria Celulose S.A. (FBR) : The consensus price target for Fibria Celulose S.A. (FBR) is $10.98 for the short term with a standard deviation of $1.23. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $13, however, the pessimist price target for the company is $10.

Fibria Celulose S.A. (NYSE:FBR): The stock opened at $6.79 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.80 for the day. The stock traded down to $6.65 during the day, due to lack of any buying support eventually closed down at $6.73 with a loss of -1.03% for the day. The stock had closed at $6.80 on the previous day. The total traded volume was 1,406,871 shares.

The company shares have dropped -46.50% from its 1 Year high price. On Nov 27, 2015, the shares registered one year high at $14.94 and the one year low was seen on Jun 30, 2016. The 50-Day Moving Average price is $8.23 and the 200 Day Moving Average price is recorded at $9.47.

Fibria Celulose SA, formerly Votorantim Celulose e Papel SA, is a Brazil-based company involved in the production and sale of short fiber pulp. The Company operates pulp manufacturing plants in Aracruz (Espirito Santo), Tres Lagoas (Mato Grosso do Sul), Jacarei (Sao Paulo) and Veracel (Bahia). Additionally, the Company is engaged in the cultivation of eucalyptus. It has plantations in the Brazilian states of Sao Paulo, Minas Gerais, Rio de Janeiro, Mato Grosso do Sul, Bahia and Espirito Santo. In 2011, the Company sold a business unit active in paper production. The Company has a number of subsidiaries in Brazil and abroad, including Normus Empreendimentos e Participacoes Ltda, Fibria Overseas Finance Ltd and Fibria Celulose (USA) Inc, among others. On October, 2013, the Company announced merger by incorporation of Normus Empreendimentos e Participacoes Ltda, a wholly-owned subsidiary of the Company, in order to simplify the corporate structure.

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