Syngenta AG Price Target Lowered to $400.00 at Credit Suisse (SYT)
Research analysts at Credit Suisse cut their price objective on shares of Syngenta AG (NYSE:SYT) from $420.00 to $400.00 in a report released on Monday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective indicates a potential upside of 403.65% from the company’s current price.
A number of other analysts have also recently weighed in on SYT. Analysts at Citigroup Inc. cut their price target on shares of Syngenta AG from $400.00 to $390.00 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity cut their price target on shares of Syngenta AG from $430.00 to $412.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group cut their price target on shares of Syngenta AG from $86.00 to $83.00 in a research note to investors on Thursday. They now have a “hold” rating on the stock. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $320.14.
Shares of Syngenta AG (NYSE:SYT) traded down 0.18% on Monday, hitting $79.42. The stock had a trading volume of 57,188 shares. Syngenta AG has a 52 week low of $73.29 and a 52 week high of $87.73. The stock’s 50-day moving average is $79.96 and its 200-day moving average is $80.47. The company has a market cap of $36.522 billion and a price-to-earnings ratio of 20.49.
Syngenta AG (NYSE:SYT) is an agribusiness operating in the crop protection and seeds businesses.
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