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FMC Corp (FMC) Received its Third Buy in a Row


After Nomura and Citigroup gave FMC Corp (NYSE: FMC) a Buy rating last month, the company received another Buy, this time from Credit Suisse. Analyst Chris Parkinson maintained a Buy rating on FMC Corp yesterday and set a price target of $105. The company’s shares closed yesterday at $85.66.

According to TipRanks.com, Parkinson is a 2-star analyst with an average return of -0.1% and a 53.6% success rate. Parkinson covers the Consumer Goods sector, focusing on stocks such as Compass Minerals International Inc, Sherwin-Williams Company, and Ashland Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for FMC Corp with a $105.83 average price target.

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The company has a one-year high of $98.70 and a one-year low of $72.73. Currently, FMC Corp has an average volume of 1.23M.

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FMC Corp. engages in the provision of solutions, applications, and products for the agricultural, industrial, and consumer markets. It operates through two segments: FMC Agricultural Solutions and FMC Lithium.