Piper Jaffray Cos. upgraded FMC Corp (NYSE:FMC) to Neutral in a statement released earlier today.
- Updated: November 28, 2016
Piper Jaffray Cos. has upgraded FMC Corp (NYSE:FMC) to Neutral in a statement released on Monday November 28, 2016.
On 02/16/2016, Goldman Sachs released a statement for FMC Corp (NYSE:FMC) bumped down the target price from $38.00 to $33.00 that suggested a downside of -0.08%.
Boasting a price of $55.11, FMC Corp (NYSE:FMC) traded -0.33% lower on the day. With the last stock price close up 14.36% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. FMC Corp has recorded a 50-day average of $50.14 and a two hundred day average of $48.19. Volume of trade was down over the average, with 226,713 shares of FMC changing hands under the typical 1,035,750
With a total market value of $0, FMC Corp has with a one year low of $32.24 and a one year high of $55.63 .
A total of 15 equity analysts have released a ratings update on FMC. One broker rating the stock a strong buy, 6 brokers rating the stock a buy, ten analysts rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $40.93.
Brief Synopsis About FMC Corp (NYSE:FMC)
FMC Corporation is a diversified chemical company serving agricultural, consumer and industrial markets. The Company operates through three business segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. The Company's FMC Agricultural Solutions segment develops, markets and sells over three classes of crop protection chemicals, including insecticides, herbicides and fungicides. Its FMC Health and Nutrition segment focuses on nutritional ingredients, health excipients and functional health ingredients. FMC Health and Nutrition is a supplier of microcrystalline cellulose, carrageenan, alginates, natural colorants, pectin and omega-3, which has applications in the production of food, pharmaceutical, nutraceutical and other specialty consumer products. Its FMC Lithium segment manufactures lithium for use in a range of lithium products, which are used in energy storage, specialty polymers and chemical synthesis application.
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.