Andersons Inc (NASDAQ:ANDE) target bumped up to $39.00, issued a ratings update earlier today by Zacks Investment Research
- Updated: September 27, 2016
Reporting a possible upside of 0.12%, Zacks Investment Research upped the price target of Andersons Inc (NASDAQ:ANDE) to $39.00
Just yesterday Andersons Inc (NASDAQ:ANDE) traded 0.60% higher at $34.79. Andersons Inc’s 50-day moving average is $36.13 and its 200-day moving average is $34.01. The last stock close price is up 2.92% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was up over the average, with 161,648 shares of ANDE changing hands over the typical 108,633
With a total market value of $0, Andersons Inc has with a one year low of $23.25 and a one year high of $38.74 .
In addition to Zacks Investment Research reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $33.67 with 1 broker rating the stock a strong buy, two equity analysts rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
About Andersons Inc (NASDAQ:ANDE)
The Andersons, Inc. is a diversified company. The Company conducts business across North America in the grain, ethanol, plant nutrient and rail sectors. The Company also produces turf and cob products, and has a consumer retailing presence. The Company operates through five segments: Grain, Ethanol, Rail, Plant Nutrient and Retail. Its Grain business operates grain elevators in various states in the United States Corn Belt. Its Ethanol Group has ownership interests in over four Limited Liability Companies (the ethanol LLCs or LLCs). Its Plant Nutrient Group is a manufacturer, distributor and retailer of agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products in the United States Corn Belt, Florida and Puerto Rico. Its Rail Group leases, repairs and sells various types of railcars, locomotives and barges. Its Retail Group includes retail stores operated as The Andersons, which are located in the Columbus and Toledo, Ohio markets.
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