Agco Gets a Sell Rating from Morgan Stanley

In a report released today, Courtney Yakavonis from Morgan Stanley maintained a Sell rating on Agco (NYSE: AGCO), with a price target of $66. The company’s shares opened today at $59.23, close to its 52-week low of $58.12.

According to TipRanks.com, Yakavonis is a 1-star analyst with an average return of -2.9% and a 25.0% success rate. Yakavonis covers the Industrial Goods sector, focusing on stocks such as CNH Industrial, WABCO Holdings, and Oshkosh Corp.

Agco has an analyst consensus of Moderate Sell, with a price target consensus of $69.67.

Find more picks by Best Performing Analysts >>

The company has a one-year high of $75.95 and a one-year low of $58.12. Currently, Agco has an average volume of 786.6K.

Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.