AGCO Corporation (NYSE:AGCO) has been upgraded to Outperform in a statement by Wells Fargo & Co. earlier today.
- Updated: October 10, 2016
Having a price of $50.20, AGCO Corporation (NYSE:AGCO) traded 4.80% higher on the day. With the last close up 5.76% 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 $48.17 and a two hundred day average of $49.74. Trade Volume was down over the average, with 551,930 shares of AGCO changing hands under the typical 710,546
Wells Fargo & Co. has upgraded AGCO Corporation (NYSE:AGCO) to Outperform in a statement released on Monday October 10, 2016.
Recent Performance Chart
AGCO Corporation has PE ratio of 23.64 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 analysts have released a report on AGCO Corporation. One analyst rating the company a strong buy, zero analysts rating the company a buy, thirteen analysts rating the company a hold, three analysts rating the company a underperform, and finally zero analysts 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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