Barclays analyst Adam Seiden maintained a Buy rating on Deere (DE – Research Report) today and set a price target of $400.00. The company’s shares closed last Friday at $400.32.
According to TipRanks, Seiden is a 5-star analyst with an average return of 11.8% and a 55.56% success rate. Seiden covers the Industrials sector, focusing on stocks such as MasTec, Aecom Technology, and Caterpillar.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $426.29 average price target, implying a 6.49% upside from current levels. In a report released on April 15, Morgan Stanley also maintained a Buy rating on the stock with a $450.00 price target.
DE market cap is currently $111.4B and has a P/E ratio of 11.66.
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 (DE) Company Description:
Founded in 1837, Illinois-based Deere & Co. manufactures and distributes various equipment that is used in agriculture, construction, forestry, and turf care. The company operates through three business segments: Agriculture and Turf, Construction and Forestry, and Financial Services.
Read More on DE:
