Monsanto (MON) Set to Announce Quarterly Earnings on Wednesday
Monsanto (NYSE:MON) will be issuing its Q413 quarterly earnings data on Wednesday, October 2nd. Analysts expect the company to announce earnings of ($0.43) per share and revenue of $2.24 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Monsanto (NYSE:MON) opened at 104.37 on Tuesday. Monsanto has a 1-year low of $82.70 and a 1-year high of $109.33. The stock’s 50-day moving average is $100.7 and its 200-day moving average is $102.6. The company has a market cap of $55.641 billion and a P/E ratio of 22.79.
A number of research firms have recently commented on MON. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Monsanto (NYSE:MON) to $124.00 in a research note to investors on Thursday, September 12th. They now have a “buy” rating on the stock. On a related note, analysts at UBS AG upgraded shares of Monsanto (NYSE:MON) from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, August 27th. They now have a $10.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $109.97.
Monsanto Company (NYSE:MON), along with its subsidiaries, is a provider of agricultural products for farmers.
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