FMC Corporation (FMC) Receives Price Target

FMC Corporation (FMC) : Currently there are 9 street experts covering FMC Corporation (FMC) stock. The most bullish and bearish price target for the stock is $58 and $38 respectively for the short term. The average price target of all the analysts comes to $50.33. The estimated standard deviation from the target is $6.8.

FMC Corporation (FMC) : The consensus on FMC Corporation (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 3 which endorses a Hold 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 (FMC).


Also, In the latest statement by the brokerage house, Susquehanna maintains its outlook on FMC Corporation (NYSE:FMC). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $46 per share to $48 per share. The rating by the firm was issued on August 26, 2016.

FMC Corporation (NYSE:FMC): The stock opened at $47.00 on Thursday but the bulls could not build on the opening and the stock topped out at $47.14 for the day. The stock traded down to $46.30 during the day, due to lack of any buying support eventually closed down at $46.70 with a loss of -0.51% for the day. The stock had closed at $46.94 on the previous day. The total traded volume was 695,162 shares.

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 *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.