Syngenta AG Receives Consensus Rating of “Hold” from Brokerages (NYSE:SYT)
Shares of Syngenta AG (NYSE:SYT) have earned a consensus rating of “Hold” from the fifteen ratings firms that are presently covering the stock, StockRatingsNetwork.com reports. Two analysts have rated the stock with a sell rating, eight have given a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $236.50.
Shares of Syngenta AG (NYSE:SYT) opened at 71.34 on Monday. Syngenta AG has a 52-week low of $67.25 and a 52-week high of $83.05. The stock has a 50-day moving average of $73.2 and a 200-day moving average of $74.80. The company has a market cap of $32.707 billion and a price-to-earnings ratio of 20.23.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Syngenta AG from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 30th. They now have a $64.00 price target on the stock. Separately, analysts at Berenberg Bank downgraded shares of Syngenta AG from a “buy” rating to a “hold” rating in a research note on Wednesday, July 16th. Finally, analysts at Credit Suisse upgraded shares of Syngenta AG from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 16th.
Syngenta AG (NYSE:SYT) is an agribusiness operating in the crop protection and seeds businesses.
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