Deere & Company (DE) has risen sharply, recording gains of 11.62% in the past 4 weeks. However, the stock has corrected -0.66% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 11.86% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 7.93% and the fifty day Moving Average is 6.91%. Deere & Company is up 8.56% in the last three month period. Year-to-Date the stock performance stands at 15.44%.
Deere & Company (DE) : The highest short term price target forecast on Deere & Company (DE) is $96 and the lowest target price is $63. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $80.92 with a standard deviation of $9.62.
Deere & Company (NYSE:DE): On Fridays trading session , Opening price of the stock was $87.33 with an intraday high of $87.99. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $86.59. However, the stock managed to close at $86.74, a loss of 0.63% for the day. On the previous day, the stock had closed at $87.29. The total traded volume of the day was 3,031,566 shares.
Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The Companys agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Companys construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction, earthmoving, material handling and timber harvesting. The Companys financial services segment primarily provides credit services, which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.