Deere & Company (DE) : During the past 4 weeks, traders have been relatively bearish on Deere & Company (DE), hence the stock is down -4.21% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.87% relative to the S&P 500. The 4-week change in the price of the stock is -6.15% and the stock has fallen -0.34% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.86% and the 50-Day Moving Average is 0.45%.The 200 Day SMA reached 2.99% Deere & Company has dropped 3.99% during the last 3-month period . Year-to-Date the stock performance stands at 9.07%.
Deere & Company (DE) : 12 investment research analysts covering Deere & Company (DE) have an average price target of $80.58 for the near short term. The highest target price given by the Brokerage Firm to the stock is $96 and the lowest target is $63 for the short term. Analysts expect the variance to be within $9.35 of the average price.
Company shares have received an average consensus rating of Hold for the current week Deere & Company (NYSE:DE): The stock opened at $81.2 and touched an intraday high of $82.07 on Friday. During the day, the stock corrected to an intraday low of $80.69, however, the bulls stepped in and pushed the price higher to close in the green at $81.95 with a gain of 0.42% for the day. The total traded volume for the day was 3,596,007. The stock had closed at $81.61 in the previous trading session.
Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.