Credit Suisse Sticks to Its Hold Rating for Agco (AGCO)


Credit Suisse analyst Jamie Cook maintained a Hold rating on Agco (AGCO) yesterday and set a price target of $65. The company’s shares closed yesterday at $63.49.

According to TipRanks.com, Cook is a 4-star analyst with an average return of 5.9% and a 56.6% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Advanced Disposal Services Inc, Aecom Technology Corp, and Jacobs Engineering.

Agco has an analyst consensus of Hold, with a price target consensus of $64.83.

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The company has a one-year high of $70.38 and a one-year low of $49.50. Currently, Agco has an average volume of 926.8K.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock.

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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.

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