Brokerages Have Given The Stocks Of AGCO A Rating of ‘Buy’

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AGCO
AGCO

The stocks of AGCO have been given a rating of ‘Buy’ by the twenty-two different brokerages that have been covering the company. According to Marketbeat, one research analyst gave the stock a rating of sell, while seven of them provided it with a rating of ‘hold’. Twelve of the investment analysts have issued a rating of ‘buy’, while a single investment analyst has issued a rating of ‘strong buy’. The price target set for the company for a year by the analysts has been $90.94. 

The Stocks Options Of AGCO

There have been a few research analysts who have commented on the stocks of this company. Citigroup has already increased the shares of AGCO from a rating of ‘neutral’ to a rating of ‘buy’, while lifting the price target of the company from $70 to $95. The Royal Bank of Canada also increased the price objective of the stocks of the company from $88 to $104, while giving the stocks of the company a rating of ‘outperform’.

The Deutsche Bank has also given the company a rating of ‘buy’ in one of their research notes. Oppenheimer has increased the price target of the company to $114, along with a rating of ‘outperform’. The Bank of America has also increased the rating on the company from ‘neutral’ to ‘buy’ in one of their research notes that were issued on the 3rd of September. The price objective set on the firm is $91. 

The shares of the AGCO traded at $103.27 last Tuesday. The market cap of the company is $7.73 billion, with a PE ratio of around 38.25, and a PEG ratio of 1.51. The moving average of the company over fifty days is $91.87, while the moving average over 200 days is $74.19.