Oppenheimer analyst Kristen Owen maintained a Buy rating on Agco (NYSE:AGCO) on Wednesday, setting a price target of $148, which is approximately 14.63% above the present share price of $129.11.
Owen expects Agco to post earnings per share (EPS) of $1.81 for the first quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Agco, with an average price target of $131.73.
The analysts price targets range from a high of $155 to a low of $115.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.72 billion and a net profit of $197.8 million. The company's market cap is $9.67 billion.
According to TipRanks.com, Oppenheimer analyst Kristen Owen is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 37.4% and a 92.31% 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.