Fibria Celulose SA (NYSE:FBR) fell 2.2% during mid-day trading on Friday . The stock traded as low as $6.18 and last traded at $6.20, with a volume of 555,082 shares traded. The stock had previously closed at $6.34.

Several research firms have recently issued reports on FBR. Bank of America Corp. lowered shares of Fibria Celulose SA from a “buy” rating to a “neutral” rating in a research report on Thursday, July 21st. Zacks Investment Research lowered shares of Fibria Celulose SA from a “hold” rating to a “sell” rating in a research report on Monday, July 25th. Morgan Stanley downgraded shares of 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. Finally, FBR & Co downgraded shares of Fibria Celulose SA from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 20th. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $19.49.

The company’s 50-day moving average price is $6.44 and its 200-day moving average price is $8.45. The company has a market cap of $3.48 billion and a PE ratio of 5.47.

A hedge fund recently raised its stake in Fibria Celulose SA stock. Morgan Stanley raised its stake in shares of Fibria Celulose SA (NYSE:FBR) by 1,011.9% during the fourth quarter, according to its most recent 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 SEC filing.

Fibria Celulose SA (Fibria) is a Brazil-based 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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