AGCO Corporation (NYSE:AGCO) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3.09 by 11 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
AGCO Corporation (NYSE:AGCO): 9 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $48.44 in AGCO Corporation (NYSE:AGCO). However, the stock price could fluctuate by $ 6.64 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $61 price target with the lower price estimate is calculated at $39
AGCO Corporation (NYSE:AGCO) witnessed a decline in the market cap on Tuesday as its shares dropped 1.85% or 0.97 points. After the session commenced at $52.42, the stock reached the higher end at $52.42 while it hit a low of $51.55. With the volume soaring to 1,046,333 shares, the last trade was called at $51.57. The company has a 52-week high of $57.9. The company has a market cap of $4,253 million and there are 82,474,201 shares in outstanding. The 52-week low of the share price is $41.91.
AGCO Corporation has dropped 1.96% in the last five trading days, however, the shares have posted positive gains of 3.55% in the last 4 weeks. AGCO Corporation has dropped 0.02% during the last 3-month period . Year-to-Date the stock performance stands at 14.23%.
AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts around the world. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage, implements, and grain storage and protein production systems. Its products are marketed under various brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra. It also provides retail financing through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. The Companys geographical segments include North America, South America, Europe/Africa/Middle East and Asia/Pacific. The Companys AGCO Power engines division produces diesel engines, gears and generating sets. It also offers precision farming technologies, which are installed in its products and include satellite-based steering, field data collection, yield mapping and telemetry-based fleet management systems.