Analyst Expectations for Archer-Daniels Midland's Future
Portfolio Pulse from Benzinga Insights
Archer-Daniels Midland (NYSE:ADM) has received 5 indifferent analyst ratings in the last quarter with no bullish or bearish ratings. The average 12-month price target among these analysts is $76.6, which is a 6.87% decrease from the previous target of $82.25. Analysts consider various factors including company financials and market conditions to provide these ratings.
December 18, 2023 | 12:00 pm
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NEUTRAL IMPACT
Archer-Daniels Midland has maintained a neutral stance from analysts with an average price target of $76.6, reflecting a 6.87% decrease from the previous target.
The unchanged indifferent analyst ratings suggest a stable outlook without significant short-term price movement. The decrease in the average price target may slightly dampen investor sentiment, but as there are no strong bullish or bearish signals, the impact is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100