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Deere & Company (NYSE:DE) has received a consensus rating of “Hold” from the sixteen analysts that are presently covering the stock, AnalystRatings.NET reports. Three equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is $86.96.

Shares of Deere & Company (NYSE:DE) opened at 86.11 on Friday. Deere & Company has a one year low of $80.76 and a one year high of $94.89. The stock’s 50-day moving average is $87.33 and its 200-day moving average is $89.26. The company has a market cap of $31.163 billion and a price-to-earnings ratio of 9.52.

Deere & Company (NYSE:DE) last announced its earnings results on Wednesday, August 13th. The company reported $2.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.20 by $0.13. The company had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $8.75 million. Analysts expect that Deere & Company will post $8.37 EPS for the current fiscal year.

A number of research firms have recently commented on DE. Analysts at Zacks reiterated a “neutral” rating on shares of Deere & Company in a research note on Thursday, August 14th. They now have a $89.00 price target on the stock. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Deere & Company in a research note on Thursday, August 14th. They now have a $85.00 price target on the stock, down previously from $88.00. Finally, analysts at Global Hunter Securities reiterated a “neutral” rating on shares of Deere & Company in a research note on Thursday, August 14th. They now have a $86.00 price target on the stock, down previously from $90.00.

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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