AGCO Corporation (NYSE:AGCO) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 4, 2016
Zacks Investment Research has downgraded AGCO Corporation (NYSE:AGCO) to Sell in a statement released on 10/4/2016.
On 9/7/2016, Deutsche Bank released a statement about AGCO Corporation (NYSE:AGCO) upped the target price from $0.00 to $54.00 that suggested an upside of 0.13%.
Having a price of $48.87, AGCO Corporation (NYSE:AGCO) traded -0.71% lower on the day. With the last stock price down -1.69% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AGCO has recorded a 50-day average of $47.90 and a two hundred day average of $49.78. Trade Volume was down over the average, with 410,873 shares of AGCO changing hands under the typical 714,856
Recent Performance Chart
AGCO Corporation has PE ratio of 22.00 with a one year low of $42.40 and a one year high of $56.00 and has a market capitalization of $0.
A total of 15 brokerages have released a report on AGCO Corporation. One brokerage rating the company a strong buy, zero brokerages rating the company a buy, thirteen brokerages rating the company a hold, three brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $49.20.
General Company Details For AGCO Corporation (NYSE:AGCO)
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 segments include North America, South America, Europe/Africa/Middle East, and Asia/Pacific. The Company's Chinese harvesting business operates within the Asia/Pacific segment. The former sprayer reporting unit operates within the North American segment. The Company's products include tractors, combines, application equipment, hay tools and forage equipment, implements and other equipment, grain storage and protein production systems, and replacement parts. Its AGCO Power engines division produces diesel engines, gears and generating sets. Its products are marketed under brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.