Short Term Price Target on Fibria Celulose S.A. (FBR)

Fibria Celulose S.A. (NYSE:FBR) : The consensus price target for Fibria Celulose S.A. (NYSE: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. has lost 14.1% in the last five trading days and dropped 27.23% in the last 4 weeks. Fibria Celulose S.A. has dropped 20.41% during the last 3-month period . Year-to-Date the stock performance stands at -45.81%.

Fibria Celulose S.A. (NYSE:FBR) : 2 brokerage houses believe that Fibria Celulose S.A. (NYSE:FBR) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Fibria Celulose S.A. (NYSE:FBR). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 4 Wall Street Analysts endorse the stock as a Buy with a rating of 1.88.

Fibria Celulose S.A. (NYSE:FBR): The stock opened at $6.83 on Thursday but the bulls could not build on the opening and the stock topped out at $6.85 for the day. The stock traded down to $6.69 during the day, due to lack of any buying support eventually closed down at $6.76 with a loss of -1.60% for the day. The stock had closed at $6.87 on the previous day. The total traded volume was 6,599,767 shares.

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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