Analyst Price Target is $23.00
▲ +651.63% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Marfrig Global Foods in the last 3 months. The average price target is $23.00, with a high forecast of $23.00 and a low forecast of $23.00. The average price target represents a 651.63% upside from the last price of $3.06.
Current Consensus is
The current consensus among 3 polled investment analysts is to hold stock in Marfrig Global Foods. This rating has held steady since April 2021, when it changed from a Sell consensus rating.
Marfrig Global Foods S.A., through its subsidiaries, operates in the food and food service industries in Brazil, the United States, Uruguay, and Argentina. It produces, processes, distributes, and sells animal-based proteins, such as beef, lamb, and fish, as well as plant-based proteins; and various other food products, including frozen vegetables, sheep, fish, and sauces. The company also engages in energy trading and associated, leasing transportation, and leather processing services. It sells and exports its products to restaurant and supermarket chains, and homes in approximately 100 countries. The company was formerly known as Marfrig Alimentos S.A. and changed its name to Marfrig Global Foods S.A. in January 2014. Marfrig Global Foods S.A. was founded in 1986 and is headquartered in São Paulo, Brazil.