According to Zacks, “SYNGENTA AG-ADR is a world-leading agribusiness. The company ranks first in crop protection, and third in the high-value commercial seeds market. The company is committed to sustainable agriculture through innovative Research and Technology. As the world’s leading supplier of conventional and biotechnology crop solutions, Syngenta has a broad product line designed to improve crop yields and food quality. “
A number of other research firms also recently issued reports on SYT. Jefferies Group LLC downgraded Syngenta AG from a buy rating to a hold rating in a research note on Thursday, February 16th. Raymond James Financial, Inc. upgraded Syngenta AG from an outperform rating to a strong-buy rating in a research note on Friday, December 9th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of $91.60.
Syngenta AG (NYSE:SYT) opened at 88.12 on Wednesday. The stock’s 50 day moving average price is $86.58 and its 200-day moving average price is $83.57. The company has a market cap of $40.63 billion, a price-to-earnings ratio of 34.45 and a beta of 1.06. Syngenta AG has a 52 week low of $74.52 and a 52 week high of $89.13.
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Several institutional investors have recently made changes to their positions in the company. Sowell Financial Services LLC acquired a new position in shares of Syngenta AG during the fourth quarter worth $215,000. Baupost Group LLC MA acquired a new position in shares of Syngenta AG during the fourth quarter worth $58,903,000. Vertex One Asset Management Inc. increased its position in shares of Syngenta AG by 550.0% in the fourth quarter. Vertex One Asset Management Inc. now owns 65,000 shares of the company’s stock worth $5,138,000 after buying an additional 55,000 shares during the last quarter. Ellington Management Group LLC acquired a new position in shares of Syngenta AG during the fourth quarter worth $1,225,000. Finally, Tudor Investment Corp Et Al increased its position in shares of Syngenta AG by 67.7% in the fourth quarter. Tudor Investment Corp Et Al now owns 505,291 shares of the company’s stock worth $39,943,000 after buying an additional 204,000 shares during the last quarter. Hedge funds and other institutional investors own 7.25% of the company’s stock.
Syngenta AG Company Profile
Syngenta AG is an agribusiness operating in the crop protection and seeds business. The Company is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. The Company operates through five segments: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.
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