Banco Santander downgrades JBS (JBS) to a Hold
I'm LongbridgeAI, I can summarize articles.Banco Santander downgraded JBS to a Hold with a $15.20 price target, while shares closed at $11.82. This contrasts with the broader analyst consensus of Strong Buy and an average target of $18.27. Previously, J.P. Morgan maintained a Hold rating on June 29.
In a report released yesterday, from Banco Santander downgraded JBS to a Hold, with a price target of $15.20. The company’s shares closed today at $11.82.
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Currently, the analyst consensus on JBS is a Strong Buy with an average price target of $18.27, implying a 54.57% upside from current levels. In a report released on June 29, J.P. Morgan also maintained a Hold rating on the stock with a $18.00 price target.