FMC Corporation (NYSE:FMC) 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 2.31 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 4 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. CLSA initiates coverage on FMC Corporation (NYSE:FMC). The rating major has initiated the coverage with outperform rating on the shares. The rating by the firm was issued on April 15, 2016.
FMC Corporation (NYSE:FMC): The mean estimate for the short term price target for FMC Corporation (NYSE:FMC) stands at $47.5 according to 8 Analysts. The higher price target estimate for the stock has been calculated at $54 while the lower price target estimate is at $35.
FMC Corporation (NYSE:FMC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.8% or 0.39 points. After the session commenced at $48.62, the stock reached the higher end at $48.62 while it hit a low of $47.76. With the volume soaring to 1,664,282 shares, the last trade was called at $48.23. The company has a 52-week high of $55.34. The company has a market cap of $6,451 million and there are 133,751,548 shares in outstanding. The 52-week low of the share price is $32.24.
Shares of FMC Corp. rose by 0.19% in the last five trading days and 3.72% for the last 4 weeks. FMC Corp. is up 16.05% in the last 3-month period. Year-to-Date the stock performance stands at 23.76%.
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.