What 16 Analyst Ratings Have To Say About FMC
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 16 Wall Street analysts have published their ratings on FMC Corporation (NYSE:FMC), with an average price target of $78.44, which is significantly higher than the current price of $54.72. The consensus among these analysts is leaning towards a bullish outlook, with 2 bullish, 8 somewhat bullish, and 6 indifferent ratings. No bearish or somewhat bearish ratings were reported. The current average price target represents a decrease of 22.47% from the previous target of $101.17.
December 07, 2023 | 1:00 pm
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16 analysts have a bullish outlook on FMC with an average price target of $78.44, suggesting a significant upside from the current price of $54.72. The price target has been reduced by 22.47% from the previous $101.17.
The consensus among analysts indicates a positive sentiment towards FMC stock, with the majority giving bullish or somewhat bullish ratings. The average price target suggests a substantial upside potential, which could lead to increased investor interest and a potential rise in stock price in the short term. The confidence in the analysis is high due to the clear bullish consensus among the analysts, despite the recent decrease in the average price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100