In a report released today, PJ Juvekar from Citigroup maintained a Buy rating on Corteva Inc (CTVA), with a price target of $31.00. The company’s shares closed last Monday at $26.22.
According to TipRanks.com, Juvekar is a 3-star analyst with an average return of 4.3% and a 41.0% success rate. Juvekar covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and DuPont de Nemours, Inc.
Corteva Inc has an analyst consensus of Strong Buy, with a price target consensus of $34.75.
See today’s analyst top recommended stocks >>
Based on Corteva Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $5.56 billion and GAAP net loss of $608 million. In comparison, last year the company earned revenue of $5.29 billion and had a GAAP net loss of $4.96 billion.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CTVA in relation to earlier this year.
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.
Corteva, Inc. is a holding company, which engages in the provision of agricultural products. It operates through the Seed and Crop Protection segments. The Seed segment develops and supplies germplasm and traits that produce optimum yield for farms.
