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Deere & Company (NYSE:DE) will be releasing its earnings data on Wednesday, August 13th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Deere & Company (NYSE:DE) opened at 87.16 on Tuesday. Deere & Company has a one year low of $80.76 and a one year high of $94.89. The stock has a 50-day moving average of $88.11 and a 200-day moving average of $89.29. The company has a market cap of $31.708 billion and a price-to-earnings ratio of 9.51. Deere & Company also saw a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 24,493,467 shares, an increase of 16.6% from the July 15th total of 21,003,363 shares. Based on an average daily trading volume, of 3,399,526 shares, the days-to-cover ratio is currently 7.2 days. Approximately 6.7% of the shares of the company are short sold.

A number of research firms have recently commented on DE. Analysts at Barclays cut their price target on shares of Deere & Company from $101.00 to $97.00 in a research note on Monday. They now have an “overweight” rating on the stock. On a related note, analysts at JPMorgan Chase & Co. cut their price target on shares of Deere & Company from $88.00 to $83.00 in a research note on Wednesday, July 9th. Finally, analysts at Global Hunter Securities initiated coverage on shares of Deere & Company in a research note on Thursday, June 19th. They set a “neutral” rating and a $90.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. Deere & Company presently has a consensus rating of “Hold” and an average price target of $88.37.

Deere & Company (NYSE:DE) along with its subsidiaries, operates in three segments: agriculture and turf, construction and forestry and financial services.

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