Archer-Daniels-Midland Company (NYSE:ADM) has earned an average rating of “Hold” from the eleven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $43.47.

ADM has been the topic of a number of research analyst reports. Credit Suisse Group set a $45.00 target price on shares of Archer-Daniels-Midland and gave the company a “hold” rating in a report on Tuesday, July 18th. Citigroup Inc. reaffirmed a “buy” rating on shares of Archer-Daniels-Midland in a report on Wednesday, July 12th. BMO Capital Markets reiterated a “hold” rating and issued a $41.00 price target on shares of Archer-Daniels-Midland in a research note on Tuesday, June 27th. Robert W. Baird started coverage on shares of Archer-Daniels-Midland in a research note on Monday, September 11th. They issued an “outperform” rating and a $50.00 price target on the stock. Finally, Piper Jaffray Companies set a $42.00 price target on shares of Archer-Daniels-Midland and gave the company a “hold” rating in a research note on Friday, August 25th.

Shares of Archer-Daniels-Midland (NYSE:ADM) traded up 0.374% during midday trading on Wednesday, hitting $43.171. The stock had a trading volume of 576,164 shares. Archer-Daniels-Midland has a 1-year low of $40.22 and a 1-year high of $47.88. The company’s 50 day moving average price is $42.71 and its 200-day moving average price is $42.68. The firm has a market capitalization of $24.28 billion, a PE ratio of 18.139 and a beta of 1.12.

Archer-Daniels-Midland (NYSE:ADM) last issued its earnings results on Tuesday, August 1st. The company reported $0.57 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.05. The company had revenue of $14.94 billion for the quarter, compared to analysts’ expectations of $15.86 billion. Archer-Daniels-Midland had a net margin of 2.22% and a return on equity of 8.40%. Archer-Daniels-Midland’s quarterly revenue was down 4.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.41 EPS. Equities analysts predict that Archer-Daniels-Midland will post $2.54 earnings per share for the current year.

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A number of institutional investors and hedge funds have recently made changes to their positions in ADM. Guardian Life Insurance Co. of America grew its stake in Archer-Daniels-Midland by 0.4% in the 1st quarter. Guardian Life Insurance Co. of America now owns 2,206 shares of the company’s stock valued at $102,000 after buying an additional 8 shares during the last quarter. Enterprise Financial Services Corp grew its stake in Archer-Daniels-Midland by 17.7% in the 2nd quarter. Enterprise Financial Services Corp now owns 2,526 shares of the company’s stock valued at $105,000 after buying an additional 380 shares during the last quarter. Manchester Capital Management LLC grew its stake in Archer-Daniels-Midland by 28.3% in the 2nd quarter. Manchester Capital Management LLC now owns 2,718 shares of the company’s stock valued at $112,000 after buying an additional 600 shares during the last quarter. Point72 Asia Hong Kong Ltd grew its stake in Archer-Daniels-Midland by 681.1% in the 1st quarter. Point72 Asia Hong Kong Ltd now owns 3,398 shares of the company’s stock valued at $156,000 after buying an additional 2,963 shares during the last quarter. Finally, Carroll Financial Associates Inc. grew its stake in Archer-Daniels-Midland by 24.7% in the 2nd quarter. Carroll Financial Associates Inc. now owns 3,854 shares of the company’s stock valued at $159,000 after buying an additional 764 shares during the last quarter. Institutional investors and hedge funds own 72.89% of the company’s stock.

About Archer-Daniels-Midland

Analyst Recommendations for Archer-Daniels-Midland (NYSE:ADM)

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