Jefferies (NYSE:JEF) analyst Robert Dickerson maintained a Hold rating on Archer Daniels Midland on Monday, setting a price target of $66, which is approximately 4.02% above the present share price of $63.45.
Dickerson expects Archer Daniels Midland to post earnings per share (EPS) of $0.93 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Archer Daniels Midland, with an average price target of $70.6.
The analysts price targets range from a high of $76 to a low of $66.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $20.34 billion and a net profit of $606 million. The company's market cap is $35.5 billion.
According to TipRanks.com, Jefferies analyst Robert Dickerson is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.3% and a 47.76% success rate.
Archer-Daniels-Midland Company (NYSE:ADM) is a multinational food processing company. The company engages in procurement, transportation, storage, processing, and selling agricultural commodities, products, and ingredients worldwide.