Archer-Daniels-Midland (NYSE:ADM) Stock Rating Upgraded by UBS Group

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) was upgraded by research analysts at UBS Group from a "neutral" rating to a "buy" rating in a report released on Monday,Benzinga reports. The firm presently has a $60.00 price target on the stock, up from their previous price target of $55.00. UBS Group's target price indicates a potential upside of 19.65% from the company's previous close.

Other equities analysts have also issued research reports about the company. Stephens lowered their price objective on Archer-Daniels-Midland from $55.00 to $52.00 in a research note on Tuesday, February 4th. Citigroup reduced their target price on Archer-Daniels-Midland from $51.00 to $49.00 and set a "neutral" rating on the stock in a report on Tuesday, April 15th. Barclays reduced their target price on Archer-Daniels-Midland from $50.00 to $48.00 and set an "underweight" rating on the stock in a report on Monday, February 24th. BMO Capital Markets dropped their price target on Archer-Daniels-Midland from $51.00 to $49.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Finally, Morgan Stanley dropped their price target on Archer-Daniels-Midland from $52.00 to $47.00 and set an "equal weight" rating for the company in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $52.00.

Archer-Daniels-Midland Price Performance

Archer-Daniels-Midland stock opened at $50.15 on Monday. Archer-Daniels-Midland has a 12 month low of $40.98 and a 12 month high of $66.08. The stock's 50 day moving average is $47.14 and its 200-day moving average is $49.27. The company has a current ratio of 1.39, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $24.09 billion, a price-to-earnings ratio of 13.89, a PEG ratio of 1.54 and a beta of 0.69.

Archer-Daniels-Midland (NYSE:ADM - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.69 by $0.01. Archer-Daniels-Midland had a return on equity of 10.44% and a net margin of 2.10%. The company had revenue of $20.18 billion for the quarter, compared to the consensus estimate of $22.05 billion. During the same quarter in the prior year, the business earned $1.46 earnings per share. The firm's revenue for the quarter was down 7.7% on a year-over-year basis. Equities research analysts expect that Archer-Daniels-Midland will post 4.31 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. AustralianSuper Pty Ltd raised its position in shares of Archer-Daniels-Midland by 26.4% in the 4th quarter. AustralianSuper Pty Ltd now owns 1,730,182 shares of the company's stock worth $87,409,000 after acquiring an additional 360,844 shares in the last quarter. Amundi raised its position in shares of Archer-Daniels-Midland by 56.7% in the 4th quarter. Amundi now owns 2,473,393 shares of the company's stock worth $123,340,000 after acquiring an additional 894,562 shares in the last quarter. Hickory Point Bank & Trust bought a new stake in Archer-Daniels-Midland in the 4th quarter valued at about $1,217,000. Semanteon Capital Management LP bought a new stake in Archer-Daniels-Midland in the 4th quarter valued at about $614,000. Finally, Aigen Investment Management LP increased its position in Archer-Daniels-Midland by 127.7% in the 4th quarter. Aigen Investment Management LP now owns 46,950 shares of the company's stock valued at $2,372,000 after buying an additional 26,329 shares in the last quarter. 78.28% of the stock is owned by institutional investors.

About Archer-Daniels-Midland

Archer-Daniels-Midland Company engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

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