AGCO Corporation (NYSE:AGCO) has been upgraded to Neutral in a statement by Piper Jaffray Cos. earlier today.
- Updated: November 28, 2016
Having a price of $56.50, AGCO Corporation (NYSE:AGCO) traded 0.61% higher on the day. With the last stock price up 13.19% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. AGCO has recorded a 50-day average of $51.79 and a two hundred day average of $49.92. Trade Volume was down over the average, with 438,955 shares of AGCO changing hands under the typical 805,275
Piper Jaffray Cos. has upgraded AGCO Corporation (NYSE:AGCO) to Neutral in a statement released on 11/28/2016.
On 2/3/2016, RBC Capital Markets released a statement about AGCO Corporation (NYSE:AGCO) dropped the target price from $46.00 to $45.00 that suggested an upside of 0.02%.
Recent Performance Chart
AGCO Corporation has PE ratio of 29.15 with a one year low of $42.40 and a one year high of $56.54 and has a market capitalization of $0.
A total of 15 brokerages have issued a ratings update 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.
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