JPMorgan Raises its Price Target on JBS N.V. (JBS) to $20.50

JBS N.V. (NYSE:JBS) is one of the 11 Best Consumer Staples Stocks to Invest In.

On April 24, 2026, JPMorgan analyst Lucas Ferreira raised the price target on JBS N.V. (NYSE:JBS) to $20.50 from $20 and maintained an Overweight rating ahead of the company’s Q1 report. The firm said it expects a weak start to the year but noted that JBS remains more optimistic about performance in the quarters ahead.

On April 13, 2026, JBS USA announced it had reached a new collective bargaining agreement with United Food and Commercial Workers Local 7, allowing its Greeley beef production facility to return to normal operations after weeks of uncertainty. The agreement runs through April 2028 and maintains the same economic framework outlined in JBS USA’s final offer.

The company said it was disappointed that UFCW Local 7 leadership chose to eliminate a pension benefit that had been included in a broader national agreement negotiated with the United Food and Commercial Workers International Union last year. According to JBS, the union instead redirected those funds toward wage increases. As part of the agreement, Local 7 also agreed to withdraw seven alleged unfair labor practice charges.

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JBS N.V. (NYSE:JBS) processes animal proteins globally, with operations spanning beef, pork, lamb, and poultry.

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