Analyst Price Target Update on FMC Corporation (NYSE:FMC)

FMC Corporation (NYSE:FMC): The mean short term price target for FMC Corporation (NYSE:FMC) has been established at $47.5 per share. The higher price target estimate is at $54 and the lower price target estimate is expected at $35 according to 8 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $6.97

Many analysts have stated their opinion on the company shares. CLSA initiates coverage on FMC Corporation (NYSE:FMC). The shares have now been rated Outperform by the stock experts at the ratings house. The rating by the firm was issued on April 15, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities,The officer (Pres. Agricultural Solutions) of Fmc Corp, Douglas Mark sold 10,480 shares at $38.22 on March 3, 2016. The Insider selling transaction had a total value worth of $400,546. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

FMC Corporation (NYSE:FMC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 1.27 points or 2.56% at $48.39 with 1,269,442 shares getting traded. Post opening the session at $49.5, the shares hit an intraday low of $48.37 and an intraday high of $50.02 and the price was in this range throughout the day. The company has a market cap of $6,472 million and the number of outstanding shares have been calculated to be 133,751,548 shares. The 52-week high of FMC Corporation (NYSE:FMC) is $56.15 and the 52-week low is $32.24.

FMC Corporation is a diversified chemical company. The Company serves agricultural, consumer and industrial markets with solutions, applications and products around the world. The Company operates in three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Companys FMC Agricultural Solutions segment develops, markets and sells three classes of crop protection chemicals, which include insecticides, herbicides and fungicides. The FMC Health and Nutrition segment focuses on food, pharmaceutical ingredients, nutraceuticals, personal care and similar markets. The pharmaceutical additives are used for binding, encapsulation and disintegrant applications. The Companys FMC Lithium segment manufactures lithium products.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *