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BRF S.A. Invests USD 160 Million in Saudi Arabia Factory

Story Highlights

BRF SA ( (BRFS) ) just unveiled an announcement.

On April 21, 2025, BRF S.A. announced that its Board of Directors approved a USD 160 million investment to construct a new processed products factory in Jeddah, Saudi Arabia. This project, a joint venture with the Halal Products Development Company, aims to increase BRF’s production capacity in the region from 17,000 to 57,000 tons per year, thereby strengthening its market position and strategic partnership with Saudi Arabia.

Spark’s Take on BRFS Stock

According to Spark, TipRanks’ AI Analyst, BRFS is a Outperform.

BRF SA demonstrates a strong financial performance with robust revenue growth and profitability improvements. The technical indicators suggest moderate upward momentum, though some resistance may be encountered. Valuation metrics indicate that the stock could be undervalued, supported by a decent dividend yield. Positive sentiment from the earnings call further strengthens the stock’s outlook, despite potential cost challenges in 2025.

To see Spark’s full report on BRFS stock, click here.

More about BRF SA

BRF S.A. is a publicly-held company operating in the food industry, primarily focusing on processed poultry and beef products. It is known for its strategic market focus on global and regional demands, particularly in the Halal food sector.

YTD Price Performance: -10.81%

Average Trading Volume: 2,064,066

Technical Sentiment Signal: Buy

Current Market Cap: $6.08B

Find detailed analytics on BRFS stock on TipRanks’ Stock Analysis page.

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