Deere (DE) Gets a Buy Rating from Credit Suisse
Credit Suisse analyst Jamie Cook maintained a Buy rating on Deere (DE) today and set a price target of $209. The company’s shares opened today at $158.99.
According to TipRanks.com, Cook is a 4-star analyst with an average return of 5.9% and a 56.5% success rate. Cook covers the Basic Materials sector, focusing on stocks such as Aecom Technology Corp, Jacobs Engineering, and Fluor Corp.
Deere has an analyst consensus of Moderate Buy, with a price target consensus of $179.67.
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Deere’s market cap is currently $51.72B and has a P/E ratio of 22.05. The company has a Price to Book ratio of 4.49.
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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.