Zacks Rating on AGCO Corporation (AGCO)

AGCO Corporation (AGCO) : 10 analysts are covering AGCO Corporation (AGCO) and their average rating on the stock is 3.3, which is read as a Hold. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

AGCO Corporation (AGCO) stock is expected to deviate a maximum of $7.87 from the average target price of $47.22 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $61 and the most muted being $37.


Shares of AGCO Corporation rose by 4.03% in the last five trading days and 5.07% for the last 4 weeks. AGCO Corporation has dropped 2.94% during the last 3-month period . Year-to-Date the stock performance stands at 9.99%. AGCO Corporation (NYSE:AGCO): stock turned positive on Tuesday. Though the stock opened at $49.78, the bulls momentum made the stock top out at $49.94 level for the day. The stock recorded a low of $49.31 and closed the trading day at $49.52, in the green by 0.06%. The total traded volume for the day was 494,407. The stock had closed at $49.49 in the previous days trading.

AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts around the world. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage, implements, and grain storage and protein production systems. Its products are marketed under various brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra. It also provides retail financing through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. The Companys geographical segments include North America, South America, Europe/Africa/Middle East and Asia/Pacific. The Companys AGCO Power engines division produces diesel engines, gears and generating sets. It also offers precision farming technologies, which are installed in its products and include satellite-based steering, field data collection, yield mapping and telemetry-based fleet management systems.

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