American Vanguard Corp. Upgraded by Zacks to “Neutral” (AVD)
American Vanguard Corp. (NYSE:AVD) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday, Analyst Ratings Network reports. The firm currently has a $24.20 price objective on the stock. Zacks‘ price target would indicate a potential upside of 2.50% from the company’s current price.
Separately, analysts at Feltl & Co. cut their price target on shares of American Vanguard Corp. from $34.38 to $30.70 in a research note on Monday, December 23rd. They now have a “strong-buy” rating on the stock. Four analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. American Vanguard Corp. currently has an average rating of “Buy” and an average price target of $30.18.
American Vanguard Corp. (NYSE:AVD) traded down 1.23% during mid-day trading on Monday, hitting $23.32. 112,029 shares of the company’s stock traded hands. American Vanguard Corp. has a 52-week low of $21.83 and a 52-week high of $33.75. The stock has a 50-day moving average of $23.73 and a 200-day moving average of $25.84. The company has a market cap of $668.4 million and a P/E ratio of 15.05.
American Vanguard Corporation operates as a holding company. It is primarily a chemical manufacturer that develops and markets products for agricultural and commercial uses.
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