In a report issued on May 17, Adam Seiden from Barclays maintained a Buy rating on Deere (DE), with a price target of $170. The company’s shares opened today at $133.97, close to its 52-week low of $128.32.
According to TipRanks.com, Seiden is ranked #4540 out of 5184 analysts.
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $153.50, implying a 14.6% upside from current levels. In a report issued on May 16, Citigroup also maintained a Buy rating on the stock with a $170 price target.
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The company has a one-year high of $169.99 and a one-year low of $128.32. Currently, Deere has an average volume of 1.88M.
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Deere & Co. engages in the manufacture and distribution of equipment used in agriculture, construction, forestry, and turf care. It operates through the following segments: Agriculture and Turf, Construction and Forestry, and Financial Services.
