JP Morgan Rates JBS buy, $18 Price Target
JP Morgan maintains its buy rating on JBS N.V. with a price target of $18, a 51.90% upside from the current price.
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JP Morgan rated JBS N.V. ($JBS) "buy" with a $18 price target on June 29, 2026.
Since the rating, $JBS is down 0.7% after 1 week, up 16.4% after 1 month and up 6.6% to date (from the $12.22 close on Jun 29, 2026).
Key Points
- JP Morgan reiterated its buy rating on JBS N.V. (NYSE:JBS) with a price target of $18 on June 29, 2026.
- JP Morgan's $18 price target implies 51.90% upside from JBS N.V.'s ($JBS) current $11.85 share price.
- JBS shares traded at $12.22 on Wednesday, with a market cap of about $38.97 billion and a P/E ratio of 7.31.
- Insider purchases were reported, and several investment funds adjusted their positions in JBS, including BlackRock and Davis Selected Advisers.
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JP Morgan reiterated its buy rating on JBS N.V. (NYSE:JBS) with a price target of $18 on June 29, 2026. This comes as the stock traded at $12.22 on Wednesday.
JP Morgan vs. the S&P 500
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Other Institutional Activity in JBS N.V.
BlackRock, Inc. increased its holdings by 3,284,423 shares, ending with 28,826,636 shares valued at about $517.7 million. Davis Selected Advisers significantly boosted its position by 14,389,919 shares, resulting in 26,244,660 shares worth approximately $471.4 million. Arrowstreet Capital also added 4,147,304 shares, bringing its total to 7,687,775 shares valued at $138.1 million. Meanwhile, Ameriprise Financial Inc reduced its stake by 136,124 shares to 6,704,692 shares, valued at $120.4 million, and D. E. Shaw & Co., Inc. trimmed its position by 815,695 shares to 6,389,933 shares, worth about $114.8 million.
JBS N.V. Stock Down 0.9%
Shares of JBS N.V. traded near $12.22 on Wednesday. The company has a market cap of approximately $38.97 billion and a P/E ratio of 7.31. Its forward P/E is slightly higher at 7.64. JBS's stock has seen a 52-week low of $11.49 and a high of $18.65. The 50-day moving average stands at $13.94, while the 200-day moving average is $14.69. The company's current ratio is 1.50, with a quick ratio of 0.70, and a debt-to-equity ratio of 268.23.
$JBS price target
JBS N.V. daily closes and this analyst's $18 target. Not advice.
Recent Earnings
In its latest earnings report, JBS N.V. posted revenue of $88.27 billion with a growth rate of 10.7%. The company's earnings per share (EPS) were $1.62. It reported a net margin of 1.98% and a return on equity of 22.10%. The next earnings announcement is scheduled for August 10, 2026.
Dividend
JBS N.V. offers a dividend rate of $1.34, translating to an attractive yield of 11.33%. The company's dividend payout ratio is 21.14%.
Insider Buying and Selling at JBS N.V.
On June 9, 2026, Guilherme Perboyre Cavalcanti, Global CFO and IRO, purchased 112,098 shares. Earlier, on May 21, 2026, he acquired 185,828 shares. Additionally, Jeremiah Alphonsus O'Callaghan bought 76,782 shares on the same day. These transactions were not part of any pre-arranged trading plans.
Analysts Set New Price Targets
On June 29, 2026, JP Morgan maintained its buy rating on JBS N.V., setting a price target of $18. The consensus among analysts is a strong buy, with a mean target price of $18.97, based on 14 analyst opinions.
About JBS N.V.
JBS N.V. is a leading global player in the packaged foods industry, specializing in processing animal proteins such as beef, pork, lamb, and poultry. The company also produces prepared foods and operates in related sectors like leather, collagen, and biodiesel. Headquartered in Amstelveen, Netherlands, and led by CEO Gilberto Tomazoni, JBS employs around 283,000 people worldwide.
Bottom Line
JP Morgan's reiterated buy rating with an $18 target underscores confidence in JBS N.V.'s market position. Investors often track such analyst ratings for insights into potential stock performance. Remember, 13F filings and analyst reports are backward-looking and may not reflect current market conditions.
Source: JP Morgan's rating change on $JBS (Jun 29, 2026). Written by software, not financial advice. How we make alerts