Impact of Brokerage Rating on AGCO Corporation(AGCO)

Many AGCO Corporation(AGCO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. AGCO Corporation was Initiated by Berenberg on Jan 24, 2017 to Buy, Price Target of the shares are set at $72.Company shares were Reiterated by RBC Capital Mkts on Dec 19, 2016 to Sector Perform, Raises Price Target to $ 55 from a previous price target of $50 .AGCO Corporation was Downgraded by Jefferies to Hold on Dec 13, 2016. AGCO Corporation was Upgraded by Piper Jaffray to Neutral on Nov 28, 2016.

Company has reported several Insider transactions to the SEC, on Nov 14, 2016, Gary L Collar (Sr. VP – General Manager, APAC) sold 2,309 shares at 53.00 per share price.On Aug 23, 2016, Hans Bernd Veltmaat (Sr VP, Chief Supply Chain Off.) sold 283 shares at 47.68 per share price.On May 4, 2016, Robert B Crain (Sr VP, Gen. Mgr. Americas) sold 1,500 shares at 53.01 per share price.

AGCO Corporation Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.84 EPS for the quarter, beating the analyst consensus estimate by $ 0.13. Analyst had a consensus of $0.71. The company had revenue of $2094.00 million for the quarter, compared to analysts expectations of $1941.57 million. The companys revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 EPS.

AGCO Corporation (NYSE:AGCO) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.75 by 12 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 7 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

AGCO Corporation (NYSE:AGCO): According to 11 Analysts, The short term target price has been estimated at $ 59.64.The target price could deviate by a maximum of $8.58 from the forecast price. In the near term, the target price could hit a high of $76 and a low of $ 47.

AGCO Corporation (NYSE:AGCO) rose 0.12% or 0.08 points on Tuesday and made its way into the gainers of the day. After trading began at $64.08 the stock was seen hitting $64.27 as a peak level and $63.8 as the lowest level. The stock ended up at $64.25. The daily volume was measured at 625,835 shares. The 52-week high of the share price is $64.9 and the 52-week low is $43.79. The company has a market cap of $5,157 million.

AGCO CORP. is engaged in the manufacturer and distribution of farm equipment, machinery and replacement parts in the United States and Canada. Products include tractors, combines, hay tools and forage equipment and implements.


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