Where AGCO Stands With Analysts
Portfolio Pulse from Benzinga Insights
AGCO (NYSE:AGCO) has received 6 analyst ratings in the last quarter, with 4 being bullish and 2 somewhat bullish. There have been no indifferent, somewhat bearish, or bearish ratings. The average price target is $155.0, which is a 0.8% decrease from the previous target of $156.25, but still represents a significant upside from the current price of $116.05. Analysts' ratings are based on information from company calls, financial statements, and insider conversations.
November 21, 2023 | 7:00 pm
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POSITIVE IMPACT
AGCO has received positive analyst ratings with an average price target of $155, indicating potential upside from its current price.
The unanimous bullish and somewhat bullish ratings from analysts suggest a positive outlook for AGCO's stock price in the short term. The average price target being significantly higher than the current stock price could lead to increased investor interest and a potential rise in the stock price. However, as the article also notes the human element in analyst ratings, there is always a degree of uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100