Barclays (LON:BARC) analyst Adam Seiden maintained a Hold rating on Agco (NYSE:AGCO) on Friday, setting a price target of $140, which is approximately 9.10% above the present share price of $128.32.
Seiden expects Agco to post earnings per share (EPS) of $3.74 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Agco, with an average price target of $156.5.
The analysts price targets range from a high of $168 to a low of $140.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.88 billion and a net profit of $294.7 million. The company's market cap is $9.67 billion.
According to TipRanks.com, Barclays analyst Adam Seiden is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 19.8% and a 54.95% 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.