BRF S.A.’s (NYSE:BRFS) Global Scale Rating Gets Upgraded From “BB” to “BB+” by Standard & Poor’s

BRF S.A. (NYSE:BRFS) is one of the best undervalued defensive stocks to buy according to analysts. On August 7, BRF S.A. (NYSE:BRFS) announced that Standard & Poor’s, a credit rating agency, upgraded the company’s global scale rating from “BB” to “BB+”, with the outlook transitioning from stable to positive.

BRF SA (BRFS) Drops as Watchdog Postpones Merger Plan Anew

A bird’s-eye view of a poultry farm, its white and black feathered chickens sprawled across the farm.

BRF S.A. reported R$15.512 billion in net revenue in fiscal Q1 2025 compared to R$13.378 billion in fiscal Q1 2024, reflecting an increase of 16%. Gross profit for the quarter reached R$4.053 billion compared to R$3.224 billion in the same quarter last year.

The company also reported R$1.2 billion in net income, double that of the same period last year. Adjusted EBITDA rose 30% to R$2.8 billion, marking a record for Q1.

BRF S.A. produces and distributes fresh and frozen protein foods. Its operations are divided into the Brazil, International, and Other segments.

The company’s offerings include frozen processed meats, specialty meats, prepared entrees, sliced products, and even products like cream cheese, butter, margarine, sweet specialties, and more.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

This article is originally published at Insider Monkey.