Bank of America Securities analyst Isabella Simonato has maintained their bullish stance on JBS stock, giving a Buy rating on October 28.
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Isabella Simonato has given her Buy rating due to a combination of factors that suggest a positive outlook for JBS. The company is expected to see a significant improvement in its beef margins, which were previously impacted by cattle hedges. This anticipated recovery in margins is a key driver for the optimistic rating.
Furthermore, the guidance for FY2026 indicates that JBS’s beef margins are expected to improve by 110 basis points year-over-year, benefiting from a favorable comparison to the previous year. Despite challenges in the broader protein market, the outlook for JBS remains strong, with expectations that its performance will surpass that of its peers, such as Tyson Foods. These factors contribute to the decision to maintain a Buy rating for JBS.
According to TipRanks, Simonato is an analyst with an average return of -11.6% and a 31.25% success rate. Simonato covers the Consumer Defensive sector, focusing on stocks such as JBS, Adecoagro SA, and Ambev SA.
In another report released on October 28, Mizuho Securities also maintained a Buy rating on the stock with a $20.00 price target.