Fibria Celulose SA (NYSE:FBR)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as $6.03 and last traded at $6.11, with a volume of 1,190,272 shares changing hands. The stock had previously closed at $6.28.

FBR has been the subject of several analyst reports. Morgan Stanley lowered Fibria Celulose SA from an “overweight” rating to an “equal weight” rating and set a $6.90 target price for the company. in a research note on Tuesday, July 26th. Zacks Investment Research lowered Fibria Celulose SA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 2nd. FBR & Co lowered Fibria Celulose SA from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 20th. Finally, Bank of America Corp. lowered Fibria Celulose SA from a “buy” rating to a “neutral” rating in a research note on Thursday, July 21st. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $19.49.

The company has a 50 day moving average of $6.99 and a 200 day moving average of $8.78. The stock has a market capitalization of $3.41 billion and a P/E ratio of 5.56.

A hedge fund recently raised its stake in Fibria Celulose SA stock. Morgan Stanley increased its stake in Fibria Celulose SA (NYSE:FBR) by 1,011.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,516,711 shares of the company’s stock after buying an additional 1,380,307 shares during the period. Morgan Stanley owned 0.27% of Fibria Celulose SA worth $19,247,000 as of its most recent filing with the SEC.

Fibria Celulose SA (Fibria) is a pulp and paper producer. The Company’s activities are focused on the renewable and sustainable forests and the manufacture and sale of bleached eucalyptus kraft pulp. Forests in formation are located in the states of Sao Paulo, Mato Grosso do Sul, Minas Gerais, Rio de Janeiro, Espirito Santo, Bahia and Rio Grande do Sul.

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