FMC Corporation (NYSE:FMC) : The consensus on FMC Corporation (NYSE:FMC) based on 13 analyst recommendation on the company stock is 2.31, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 2 which endorses a Buy on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on FMC Corporation (NYSE:FMC).
FMC Corporation (NYSE:FMC) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $54 and the lowest price target forecast is $35. The average forecast of all the analysts is $47.5 and the expected standard deviation is $6.97.
Company shares have received an average consensus rating of Hold for the current week Also, CLSA initiates coverage on FMC Corporation (NYSE:FMC).The analysts at the brokerage house have a current rating of Outperform on the shares. The rating by the firm was issued on April 15, 2016.
FMC Corporation (NYSE:FMC): stock turned positive on Tuesday. Though the stock opened at $42.95, the bulls momentum made the stock top out at $43.84 level for the day. The stock recorded a low of $42.61 and closed the trading day at $43.76, in the green by 4.08%. The total traded volume for the day was 1,912,101. The stock had closed at $42.045 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Utecht Andrea E, officer (Exec. VP, General Counsel, Sec) of Fmc Corp, had unloaded 14,388 shares at an average price of $48.72 in a transaction dated on June 13, 2016. The total value of the transaction was worth $700,983.
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.