JBS.N Hits 20-Day High Amid Acquisition News
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 Nov 25
Source: Fool
Shares of JBS.N surged to a 20-day high today, buoyed by the announcement of Mantiqueira USA's acquisition of Hickman's Egg Ranch, a leading U.S. egg producer. This strategic move is expected to enhance JBS's foothold in the U.S. protein market, creating synergies that could drive innovation in egg production. The joint venture between JBS and the Pinto Family aims to leverage their expertise for long-term success in the egg industry. Additionally, JBS reported record net sales of $21 billion, further solidifying investor confidence despite operational challenges in its beef and pork segments.
Analyst Views on JBS
Wall Street analysts forecast JBS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JBS is 19.07 USD with a low forecast of 17.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
8 Analyst Rating
8 Buy
0 Hold
0 Sell
Strong Buy
Current: 15.710
Low
17.00
Averages
19.07
High
22.00
Current: 15.710
Low
17.00
Averages
19.07
High
22.00
About JBS
JBS N.V. is Netherlands-based Company primarily engaged in the food and protein processing industry. The Company focuses on the production and global distribution of animal protein and food products to retail, foodservice, and industrial clients. The Company has in its offer poultry, pork, beef, lamb, fish and plant-based products. In addition, the Company operates in sectors such as leather, biodiesel, fertilizers, collagen, sausage casings, hygiene and beauty, metal packaging, transportation, waste management solutions. The Company is active worldwide in 17 countries and is listed on The New York Stock Exchange (NYSE).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
