In a report released today, Joel Tiss from BMO Capital maintained a Hold rating on Agco (AGCO), with a price target of $65. The company’s shares opened today at $57.04.
According to TipRanks.com, Tiss is a 4-star analyst with an average return of 9.0% and a 59.1% success rate. Tiss covers the Industrial Goods sector, focusing on stocks such as Carlisle Companies Inc, WABCO Holdings, and Caterpillar.
Currently, the analyst consensus on Agco is a Hold with an average price target of $59.75, implying a 4.8% upside from current levels. In a report issued on October 31, J.P. Morgan also upgraded the stock to Hold with a $57 price target.
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The company has a one-year high of $75.95 and a one-year low of $49.50. Currently, Agco has an average volume of 723.9K.
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AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. It offers tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems.
