RBC Capital analyst Arun Viswanathan maintained a Buy rating on Corteva (NYSE:CTVA) Inc on Thursday, setting a price target of $31, which is approximately 14.22% above the present share price of $27.14.
Viswanathan expects Corteva Inc to post earnings per share (EPS) of $0.36 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in Corteva, with an average price target of $29.67.
The analysts price targets range from a high of $34 to a low of $24.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $3.96 billion and a net profit of $487 million. The company's market cap is $19.35 billion.
According to TipRanks.com, RBC Capital analyst Arun Viswanathan is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.2% and a 57.93% success rate.
Corteva, Inc. is a holding company, which engages in the provision of agricultural products. It operates through the Seed and Crop Protection segments. The Seed segment develops and supplies germplasm and traits that produce optimum yield for farms. The Crop Protection segment serves the global agricultural input industry with products that protect against weeds, insects and other pests, and disease, and that improve overall crop health both above and below ground via nitrogen management and seed-applied technologies. Its services include pasture and land management, and pest management. The company was founded on March 16, 2018 and is headquartered in Wilmington, DE.