Group 1 - JBS N.V. is recognized as one of the most undervalued foreign stocks to buy, with analysts highlighting its potential for growth [1] - The company plans to double production at its chicken processing plant in Jeddah by the end of 2026, which is part of a strategy to enhance local food production and outperform Brazilian competitors [1][2] - The Jeddah plant, built last year, has enabled JBS to nearly quadruple its production in Saudi Arabia [2] Group 2 - JBS has expanded its partnerships in the region, including a significant investment deal with Halal Products Development Company aimed at facilitating their listing on the Riyadh stock exchange [3] - The company is constructing one of the largest units in Jeddah, with an annual capacity of approximately 40,000 tons of meat products [3] - Analysts on Wall Street have a bullish sentiment towards JBS, with a 12-month price target indicating more than 31% upside from the current stock level [4]
JBS N.V. (JBS) to Double Production in Jeddah
Yahoo Finance·2026-01-26 11:08