Monsanto (NYSE:MON) has been upgraded from Neutral to Overweight in a report by JPMorgan today.
- Updated: September 20, 2016
Yesterday Monsanto (NYSE:MON) traded 1.06% higher at $102.88. The company’s 50-day moving average is $105.86 and its 200-day moving average is $100.40. The last closing price is up 2.47% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 3,614,146 shares of the stock traded hands, down from an average trading volume of 4,219,250
JPMorgan has upgraded Monsanto (NYSE:MON) from Neutral to Overweight in a report released on 9/21/2016.
Previously on 09/15/2016, Credit Agricole SA reported on Monsanto (NYSE:MON) increased the target price from $0.00 to $128.00. At the time, this indicated a possible upside of 0.20%.
See Chart Below
Monsanto has a 52 week low of $81.22 and a 52 week high of $114.26 with a P/E ratio of 45.2800 The company’s market cap is currently $0.
In addition to JPMorgan reporting its stock price target, a total of 19 analysts have released a report on Monsanto. The 12-month price target is $98.37 with three analysts rating the company a strong buy, ten analysts rating the company a buy, eight brokerages rating the company a hold, two brokerages rating the company a underperform, and lastly one brokerage rating the company a sell.
General Company Details For Monsanto (NYSE:MON)
Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and precision agriculture tools to farmers. The Company operates through two segments: Seeds and Genomics, and Agricultural Productivity. Through its Seeds and Genomics segment, the Company produces seed brands, including DEKALB, Asgrow, Deltapine, Seminis and De Ruiter, and it develops biotechnology traits that assist farmers in controlling insects and weeds and precision agriculture to assist farmers in decision-making. It offers products, such as Germplasm and Biotechnology traits. Through its Agricultural Productivity segment, the Company manufactures Roundup brand herbicides and other herbicides and provides lawn-and-garden herbicide products for the residential market.
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.