Shares of Fibria Celulose SA (NYSE:FBR) reached a new 52-week low during trading on Friday . The stock traded as low as $5.79 and last traded at $5.83, with a volume of 971,023 shares changing hands. The stock had previously closed at $5.89.

FBR has been the topic of a number of recent research reports. Morgan Stanley cut shares of Fibria Celulose SA from an “overweight” rating to an “equal weight” rating and set a $6.90 price objective on the stock. in a research note on Tuesday, July 26th. Bank of America Corp. lowered shares of Fibria Celulose SA from a “buy” rating to a “neutral” rating in a report on Thursday, July 21st. Zacks Investment Research lowered shares of Fibria Celulose SA from a “hold” rating to a “sell” rating in a report on Monday, July 25th. Finally, FBR & Co lowered shares of Fibria Celulose SA from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 20th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $19.49.

The company’s 50-day moving average price is $6.73 and its 200 day moving average price is $8.63. The stock has a market capitalization of $3.25 billion and a P/E ratio of 5.30.

A hedge fund recently raised its stake in Fibria Celulose SA stock. Morgan Stanley boosted its stake in shares of 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. The institutional investor owned 1,516,711 shares of the company’s stock after buying an additional 1,380,307 shares during the period. Morgan Stanley owned approximately 0.27% of Fibria Celulose SA worth $19,247,000 at the end of the most recent reporting period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.