Barclays (LON:BARC) analyst Adam Seiden maintained a Hold rating on Agco (NYSE:AGCO) on Thursday, setting a price target of $115, which is approximately 5.04% below the present share price of $121.1.
Seiden expects Agco to post earnings per share (EPS) of $2.10 for the first quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Agco, with an average price target of $123.6.
The analysts price targets range from a high of $148 to a low of $97.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.5 billion and a net profit of $230.6 million. The company's market cap is $9.07 billion.
According to TipRanks.com, Barclays analyst Adam Seiden is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 6.6% and a 51.65% success rate.
AGCO Corp. engages in the manufacture and distribution of agricultural equipment and related replacement parts. Its products include tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. It operates through the following segments: North America; South America; Europe and Middle East; and Asia Pacific and Africa. The Asia/Pacific/Africa segment includes the regions of Australia and New Zealand. The company was founded by Robert J. Ratliff in 1990 and is headquartered in Duluth, GA.