Brokerage Firm Rating on AGCO Corporation (AGCO)

AGCO Corporation (AGCO) : The consensus on AGCO Corporation (AGCO) based on 11 analyst recommendation on the company stock is 3.45, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 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 AGCO Corporation (AGCO).

AGCO Corporation (AGCO) : The consensus price target for AGCO Corporation (AGCO) is $46.9 for the short term with a standard deviation of $7.49. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $61, however, the pessimist price target for the company is $37.


Company shares have received an average consensus rating of Hold for the current week AGCO Corporation (NYSE:AGCO): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.88 and $47.73 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.00, notching a gain of 0.50% for the day. The total traded volume was 678,635 . The stock had closed at $47.76 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Collar Gary L, officer (Sr. VP – General Manager, APAC) of Agco Corp /De, had unloaded 5,168 shares at an average price of $51.01 in a transaction dated on May 24, 2016. The total value of the transaction was worth $263,620.

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.

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