Archer-Daniels-Midland Company (NYSE:ADM) has been assigned a $42.00 target price by investment analysts at Piper Jaffray Companies in a note issued to investors on Sunday. The brokerage presently has a “hold” rating on the stock. Piper Jaffray Companies’ target price indicates a potential downside of 1.20% from the company’s current price.

Several other equities research analysts also recently weighed in on ADM. Zacks Investment Research upgraded shares of Archer-Daniels-Midland from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Citigroup Inc. downgraded Archer-Daniels-Midland from a “buy” rating to a “neutral” rating and upped their price target for the stock from $42.25 to $45.00 in a research report on Thursday. BidaskClub raised Archer-Daniels-Midland from a “sell” rating to a “hold” rating in a research report on Thursday, August 17th. Stifel Nicolaus reiterated a “hold” rating and set a $45.00 price objective (up previously from $40.00) on shares of Archer-Daniels-Midland in a report on Thursday, August 3rd. Finally, Robert W. Baird initiated coverage on shares of Archer-Daniels-Midland in a research note on Monday, September 11th. They set an “outperform” rating and a $50.00 price target on the stock. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $44.31.

Shares of Archer-Daniels-Midland (NYSE:ADM) traded up 0.176% during midday trading on Friday, reaching $42.585. The company’s stock had a trading volume of 1,581,147 shares. Archer-Daniels-Midland has a 52-week low of $40.22 and a 52-week high of $47.88. The stock has a 50-day moving average price of $42.32 and a 200-day moving average price of $42.88. The stock has a market cap of $23.96 billion, a price-to-earnings ratio of 18.006 and a beta of 1.12.

Archer-Daniels-Midland (NYSE:ADM) last announced its earnings results on Tuesday, August 1st. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.05. Archer-Daniels-Midland had a return on equity of 8.40% and a net margin of 2.22%. The business had revenue of $14.94 billion for the quarter, compared to analysts’ expectations of $15.86 billion. During the same quarter last year, the firm earned $0.41 EPS. The business’s revenue for the quarter was down 4.4% on a year-over-year basis. Equities research analysts anticipate that Archer-Daniels-Midland will post $2.56 earnings per share for the current fiscal year.

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Institutional investors have recently bought and sold shares of the business. Guardian Life Insurance Co. of America raised its position in shares of Archer-Daniels-Midland by 0.4% during the 1st quarter. Guardian Life Insurance Co. of America now owns 2,206 shares of the company’s stock worth $102,000 after acquiring an additional 8 shares in the last quarter. Enterprise Financial Services Corp boosted its holdings in shares of 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 in the last quarter. Manchester Capital Management LLC boosted its holdings in shares of 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 in the last quarter. Point72 Asia Hong Kong Ltd grew its position in shares of 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 position in shares of 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 own 72.86% of the company’s stock.

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