BUZZ-Citigroup lowers PT of Archer-Daniels-Midland on trade tensions

Reuters
04-15
BUZZ-Citigroup lowers PT of Archer-Daniels-Midland on trade tensions

** Citigroup cuts price target on grain trader Archer-Daniels-Midland ADM.N to $49 from $51

** New PT still a 5.5% upside to stock's last close

** Brokerage sees a challenging environment for agricultural products companies in 2025 as crush margins remain depressed in North America and are down from highs in other regions

** Brokerage says trade tension between the U.S. and China could lower ADM’s agri services segment outlook

** BofA Global Research upgrades ADM's rating to "neutral" from "underperform", but cuts PT to $47 from $48

** 10 of 12 brokerages rate the stock "hold" and 2 "sell"; their median PT is $50 - data compiled by LSEG

** Including session's moves, shares were down 9.5% YTD

(Reporting by Katha Kalia in Bengaluru)

((Katha.Kalia@thomsonreuters.com))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10