Shares of Adecoagro SA (NYSE:AGRO) have been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $10.00.

A number of research firms recently commented on AGRO. Credit Suisse Group reaffirmed a “neutral” rating and issued a $11.00 price objective on shares of Adecoagro in a research note on Friday, July 27th. Zacks Investment Research raised Adecoagro from a “hold” rating to a “strong-buy” rating and set a $10.00 price objective on the stock in a research note on Monday, July 30th. Finally, Santander began coverage on Adecoagro in a research note on Tuesday, July 17th. They issued a “buy” rating on the stock.

Institutional investors have recently bought and sold shares of the stock. Boston Partners lifted its stake in shares of Adecoagro by 9.7% in the second quarter. Boston Partners now owns 249,828 shares of the company’s stock worth $1,986,000 after acquiring an additional 22,135 shares during the period. 683 Capital Management LLC lifted its stake in Adecoagro by 16.7% in the second quarter. 683 Capital Management LLC now owns 350,000 shares of the company’s stock valued at $2,783,000 after buying an additional 50,000 shares during the period. Brandes Investment Partners LP lifted its stake in Adecoagro by 46.3% in the second quarter. Brandes Investment Partners LP now owns 4,365,626 shares of the company’s stock valued at $34,707,000 after buying an additional 1,380,739 shares during the period. Point72 Asset Management L.P. lifted its stake in Adecoagro by 89.5% in the second quarter. Point72 Asset Management L.P. now owns 1,013,207 shares of the company’s stock valued at $8,055,000 after buying an additional 478,607 shares during the period. Finally, Dynamic Technology Lab Private Ltd lifted its stake in Adecoagro by 306.7% in the second quarter. Dynamic Technology Lab Private Ltd now owns 77,261 shares of the company’s stock valued at $615,000 after buying an additional 58,264 shares during the period. 37.72% of the stock is currently owned by institutional investors.

Adecoagro stock opened at $7.48 on Thursday. The company has a current ratio of 2.51, a quick ratio of 1.46 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $915.35 million, a P/E ratio of 93.50 and a beta of 1.07. Adecoagro has a one year low of $6.93 and a one year high of $11.15.

Adecoagro (NYSE:AGRO) last posted its quarterly earnings data on Thursday, August 16th. The company reported $0.77 EPS for the quarter. The company had revenue of $215.92 million for the quarter. Adecoagro had a positive return on equity of 15.85% and a negative net margin of 2.53%. equities analysts predict that Adecoagro will post 0.81 earnings per share for the current fiscal year.

Adecoagro Company Profile

Adecoagro SA, an agricultural company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company engages in the planting, harvesting, and sale of grains, oilseeds, and fibers including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties.

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