How Many AGCO Corporation (NYSE:AGCO)’s Analysts Are Bearish?

June 14, 2018 - By Stephen Andrade

AGCO Corporation (NYSE:AGCO) LogoInvestors sentiment decreased to 0.95 in Q1 2018. Its down 0.10, from 1.05 in 2017Q4. It is negative, as 37 investors sold AGCO Corporation shares while 113 reduced holdings. 43 funds opened positions while 100 raised stakes. 64.31 million shares or 1.73% more from 63.22 million shares in 2017Q4 were reported.
Ls Inv Ltd Liability invested 0.02% of its portfolio in AGCO Corporation (NYSE:AGCO). Federated Invsts Pa has invested 0.03% in AGCO Corporation (NYSE:AGCO). 6,060 were reported by Proshare Advsr Ltd Co. Renaissance Tech Limited Company holds 0.02% or 337,300 shares in its portfolio. Fjarde Ap holds 30,261 shares or 0.03% of its portfolio. Tci Wealth Advisors Inc holds 28 shares or 0% of its portfolio. Cornerstone Advsr has 0% invested in AGCO Corporation (NYSE:AGCO) for 15 shares. Assetmark holds 0% or 1,368 shares. Raymond James Na holds 0.03% of its portfolio in AGCO Corporation (NYSE:AGCO) for 6,552 shares. Olstein Cap Mgmt L P holds 0.61% or 74,340 shares in its portfolio. Harris Assoc Ltd Partnership holds 0% or 16,150 shares. City Holdings Company reported 56 shares. 3,899 were reported by Bluecrest Cap Mngmt Ltd. Sei Invests Co reported 0.01% stake. 130,711 were accumulated by Natixis.

Since February 14, 2018, it had 0 insider purchases, and 4 selling transactions for $491,345 activity. Another trade for 1,500 shares valued at $102,750 was sold by Smith Lucinda B. SMITH RICHARD ROBINSON sold $173,830 worth of stock. Another trade for 2,938 shares valued at $196,552 was sold by COLLAR GARY L.

AGCO Corporation (NYSE:AGCO) Ratings Coverage

Among 10 analysts covering Agco (NYSE:AGCO), 0 have Buy rating, 2 Sell and 8 Hold. Therefore 0 are positive. Agco had 14 analyst reports since December 21, 2017 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Friday, May 4. On Friday, May 4 the stock rating was maintained by Citigroup with “Neutral”. The firm has “Hold” rating given on Tuesday, April 17 by RBC Capital Markets. As per Wednesday, May 2, the company rating was maintained by Credit Suisse. The stock has “Underperform” rating by Bank of America on Wednesday, February 7. The rating was maintained by RBC Capital Markets on Thursday, January 11 with “Hold”. As per Thursday, February 8, the company rating was maintained by BMO Capital Markets. The firm earned “Hold” rating on Thursday, December 21 by Stifel Nicolaus. J.P. Morgan upgraded the stock to “Hold” rating in Wednesday, February 7 report. RBC Capital Markets maintained AGCO Corporation (NYSE:AGCO) rating on Wednesday, February 7. RBC Capital Markets has “Hold” rating and $80.0 target. Below is a list of AGCO Corporation (NYSE:AGCO) latest ratings and price target changes.

04/05/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $69 New Target: $66 Maintain
04/05/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $76 New Target: $65 Maintain
02/05/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $72 New Target: $68 Maintain
17/04/2018 Broker: RBC Capital Markets Rating: Hold New Target: $77.0000 Maintain
02/03/2018 Broker: Morgan Stanley Rating: Underweight New Target: $69 Initiates Coverage On
07/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $80.0 Maintain
08/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $85 New Target: $75 Maintain
07/02/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $75 New Target: $72 Maintain
07/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $70 New Target: $64 Maintain
07/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Neutral Upgrade

The stock decreased 1.62% or $1.01 during the last trading session, reaching $61.42. About 281,902 shares traded. AGCO Corporation (NYSE:AGCO) has risen 5.84% since June 14, 2017 and is uptrending. It has underperformed by 6.73% the S&P500.

AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company has market cap of $4.89 billion. The firm offers tractors, including high horsepower tractors that are used on larger farms, primarily for row crop production; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses. It has a 22.41 P/E ratio. It also provides combines that are used in harvesting grain crops; and application equipment, including self-propelled, three- and four-wheeled vehicles and related equipment for use in the application of liquid and dry fertilizers and crop protection chemicals, as well as for after crops emerge from the ground.

More news for AGCO Corporation (NYSE:AGCO) were recently published by: Streetinsider.com, which released: “Deere sues Precision Planting, AGCO claiming patent infringement” on June 01, 2018. Businesswire.com‘s article titled: “AGCO to Present at the Deutsche Bank 2018 Global Industrials and Materials Summit” and published on June 01, 2018 is yet another important article.

AGCO Corporation (NYSE:AGCO) Institutional Positions Chart

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