AGCO Corporation (NYSE:AGCO) gets downgraded to Underweight by JPMorgan Chase & Co.

ME Staff
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Analyst Ratings For AGCO Corporation (NYSE:AGCO)

Today, AGCO Corporation (NYSE:AGCO) stock was downgraded by JPMorgan Chase & Co. from Neutral to Underweight.

There are 10 Hold Ratings, 3 Sell Ratings, 2 Buy Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on AGCO Corporation (NYSE:AGCO) is Hold with a consensus target price of $72.4286 per share, a potential 24.90% upside.

Some recent analyst ratings include

  • 8/13/2018-AGCO Corporation (NYSE:AGCO) gets downgraded to Underweight by JPMorgan Chase & Co.
  • 7/20/2018-AGCO Corporation (NYSE:AGCO) had its Hold rating reiterated by Jefferies Financial Group with a $70.00 price target
  • 5/8/2018-AGCO Corporation (NYSE:AGCO) gets downgraded to Buy by Goldman Sachs Group

Recent Insider Trading Activity For AGCO Corporation (NYSE:AGCO)
AGCO Corporation (NYSE:AGCO) has insider ownership of 16.70% and institutional ownership of 85.89%.

  • On 5/23/2018 Lara Thrush Long, VP, sold 275 with an average share price of $66.23 per share and the total transaction amounting to $18,213.25.
  • On 5/21/2018 Lucinda B Smith, SVP, sold 1,500 with an average share price of $68.50 per share and the total transaction amounting to $102,750.00.
  • On 2/16/2018 Richard Robinson Smith, VP, sold 502 with an average share price of $47.04 per share and the total transaction amounting to $23,614.08.
  • On 2/14/2018 Richard Robinson Smith, VP, sold 2,567 with an average share price of $67.72 per share and the total transaction amounting to $173,837.24.
  • On 11/30/2017 Robert B Crain, SVP, sold 7,000 with an average share price of $70.72 per share and the total transaction amounting to $495,040.00.
  • On 8/29/2017 Hans Bernd Veltmaat, SVP, sold 750 with an average share price of $66.52 per share and the total transaction amounting to $49,890.00.
  • On 8/8/2017 Lucinda B Smith, SVP, sold 1,000 with an average share price of $73.00 per share and the total transaction amounting to $73,000.00.

About AGCO Corporation (NYSE:AGCO)
AGCO Corporation manufactures and distributes agricultural equipment and related replacement parts worldwide. The company offers high horsepower tractors for larger farms, primarily for row crop production; utility tractors for small- and medium-sized farms, as well as for dairy, livestock, orchards, and vineyards; and compact tractors for small farms, specialty agricultural industries, landscaping, and residential uses. It also offers combines for harvesting grain crops, such as corn, wheat, soybeans, and rice; and application equipment, including self-propelled, three- and four-wheeled vehicles and related equipment for liquid and dry fertilizers and crop protection chemicals, and for after crops emerge from the ground. In addition, the company offers hay tools and forage equipment comprising round and rectangular balers, loader wagons, self-propelled windrowers, forage harvesters, disc mowers, spreaders, rakes, tedders, and mower conditioners for harvesting and packaging vegetative feeds used in the beef cattle, dairy, horse, and renewable fuel industries. Further, it offers implements, including disc harrows; leveling seed beds and mixing chemicals with the soils; heavy tillage to break up soil and mix crop residue into topsoil; field cultivators that prepare smooth seed bed and destroy weeds; drills for small grain seeding; and planters and other planting equipment, and loaders. Additionally, it offers grain storage bins and related drying and handling equipment systems, as well as seed-processing systems, swine and poultry feed storage and delivery, ventilation and watering systems, and egg production systems and broiler production equipment; and replacement parts, as well as produces diesel engines, gears, and generating sets. It markets its products under the Challenger, Fendt, GSI, Massey Ferguson, and Valtra brands through a network of independent dealers and distributors. AGCO Corporation was founded in 1990 and is headquartered in Duluth, Georgia.

Recent Trading Activity for AGCO Corporation (NYSE:AGCO)
Shares of AGCO Corporation closed the previous trading session at 58,03 −1,18 1,99 % with shares trading hands.