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BRF Brasil Foods SA(ADR) (BRFS) [hlAlert]

Rating:
Buy BRFS
down 16.45 %

BRF Brasil Foods SA(ADR) (BRFS) rated Buy by BofA/Merrill

Posted on: Thursday,  Aug 15, 2013  8:25 AM ET by BofA/Merrill

BofA/Merrill rated Buy BRF Brasil Foods SA(ADR) (NYSE: BRFS) on 08/15/2013, when the stock price was $23.16. Since
then, BRF Brasil Foods SA(ADR) has lost 16.45% as of 10/08/2015's recent price of $19.35.
If you would have followed this BofA/Merrill's recommendation on BRFS, you would have lost 16.45% of your investment in 784 days.

BRF Brasil Foods SA, formerly Perdigao S.A., is a Brazil-based food company focused on the production and sale of poultry, pork, beef cuts, milk, dairy products, and processed food products. The Company operates under such brands as Perdigao, Chester, Turma da Monica, Batavo, Borella, Perdix, Confianca and Elege, among others. Its products portfolio include processed and elaborated meat; other processed products, such as pastas, pizzas, appetizers, cheese bread, frozen vegetables; soybean products and animal fed. The Company operates 41 meat processing plants; 16 milk, dairy products and desserts processing plants; two margarine processing plant and one soybean processing plant. The Company?s distribution network includes 51 distribution centers reaching supermarkets, retail and wholesale markets, food service and other institutional clients in the domestic and foreign markets. The Company exports its products to more than 110 countries.

BofA/Merrill
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/15/2013 8:25 AM Buy
None
23.16
as of 12/13/2013
1 Week down  -0.37 %
1 Month down  -6.77 %
3 Months down  -16.39 %
1 YTD down  -9.06 %

(*) Stock Price at the time of the recommendation.
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