On Nov 07, major Wall Street analysts update their ratings for $AGCO Corp (AGCO.US)$, with price targets ranging from $99 to $111.
Goldman Sachs analyst Jerry Revich maintains with a hold rating, and sets the target price at $99.
J.P. Morgan analyst Tami Zakaria maintains with a buy rating, and adjusts the target price from $117 to $105.
BofA Securities analyst Michael Feniger maintains with a hold rating.
Oppenheimer analyst Kristen Owen maintains with a buy rating, and adjusts the target price from $131 to $111.
Truist Financial analyst Jamie Cook maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $AGCO Corp (AGCO.US)$'s main analysts recently are as follows:
The firm notes that Agco's shares declined by 7.8% on Tuesday following a third-quarter performance that did not meet expectations and a reduction in the forecast for FY24. The primary reason for this shortfall was attributed to the European market, which markedly contrasts with the results achieved earlier in the year.
Here are the latest investment ratings and price targets for $AGCO Corp (AGCO.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.