Corteva (CTVA) received a Buy rating and a $51.00 price target from J.P. Morgan analyst Jeffrey Zekauskas yesterday. The company’s shares closed last Monday at $43.61, close to its 52-week high of $44.96.
According to TipRanks.com, Zekauskas is a 4-star analyst with an average return of 6.2% and a 65.9% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Minerals Technologies.
Corteva has an analyst consensus of Moderate Buy, with a price target consensus of $48.09, representing a 9.4% upside. In a report issued on February 5, KeyBanc also maintained a Buy rating on the stock with a $51.00 price target.
See today’s analyst top recommended stocks >>
The company has a one-year high of $44.96 and a one-year low of $20.38. Currently, Corteva has an average volume of 3.56M.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is neutral on the stock.
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. The Crop Protection segment serves the global agricultural input industry with products that protect against weeds, insects and other pests, and disease, and that improve overall crop health both above and below ground via nitrogen management and seed-applied technologies. Its services include pasture and land management, and pest management. The company was founded on March 16, 2018 and is headquartered in Wilmington, DE.
