Brasil Foods' stock shares were cut from a neutral rating to an underweight rating by JPMorgan Chase on September 28, according to investors, the most recent in a series of downgrades for the company.
Analysts at Miller Tabak downgraded shares of Brasil Foods from a buy rating to a hold rating September 14, and analysts at Raymond James downgraded the company's shares from an outperform rating to a market perform rating on September 6. Brasil Foods traded down 3.57 percent on September 28, to $17.02. The company currently has a 52-week low of $13.61 and a 52-week high of $21.70, with a market cap of $14.799 billion and a price-to-earnings ratio of 48.36.
