According to TipRanks.com, Dobre is a 1-star analyst with an average return of -0.7% and a 47.9% success rate. Dobre covers the Industrial Goods sector, focusing on stocks such as John Bean Technologies, Rexnord Corporation, and Sun Hydraulics Corp.
Currently, the analyst consensus on Deere is a Strong Buy with an average price target of $179.73, which is a 13.8% upside from current levels. In a report issued on February 15, Credit Suisse also maintained a Buy rating on the stock with a $209 price target.
Deere’s market cap is currently $50.08B and has a P/E ratio of 15.11. The company has a Price to Book ratio of 4.44.
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.
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.