The Analyst Landscape: 13 Takes On Deere
Portfolio Pulse from Benzinga Insights
Over the past three months, 13 analysts have shared their opinions on Deere (NYSE:DE), with ratings ranging from bullish to bearish. The average 12-month price target is $405.92, slightly down from the previous $411.70. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Deere, a leading agricultural equipment manufacturer, has faced a 14.33% revenue decline over three months but maintains strong profitability with a 13.5% net margin. However, its debt-to-equity ratio of 2.86 suggests financial risk.
August 26, 2024 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Deere (NYSE:DE) has received mixed analyst ratings over the past three months, with a slight decrease in the average 12-month price target to $405.92. The company has faced a 14.33% revenue decline but maintains strong profitability with a 13.5% net margin. However, its high debt-to-equity ratio of 2.86 poses financial risk.
The mixed analyst ratings and slight decrease in price targets suggest a neutral short-term impact on Deere's stock price. The company's strong profitability is a positive factor, but the revenue decline and high debt-to-equity ratio introduce financial risk, balancing the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100