JBS S.A. price target raised to R$53 from R$48 at Barclays

Barclays raised the firm’s price target on JBS S.A. (JBSAY) to R$53 from R$48 and keeps an Overweight rating on the shares. The firm says diversification is benefiting JBS and that in in a best-case scenario, its U.S. listing could be solidified by Q3.