Shares of Syngenta AG (NYSE:SYT) have been given a consensus rating of “Hold” by the six ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $91.60.
Several equities analysts recently commented on SYT shares. Jefferies Group LLC set a $91.00 target price on Syngenta AG and gave the company a “hold” rating in a research note on Saturday, March 25th. BidaskClub lowered Syngenta AG from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 16th. Finally, Zacks Investment Research lowered Syngenta AG from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th.
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Shares of Syngenta AG (NYSE:SYT) traded up 0.10% during mid-day trading on Monday, hitting $92.31. The company had a trading volume of 21,582 shares. Syngenta AG has a 12 month low of $74.52 and a 12 month high of $93.61. The company has a market cap of $42.56 billion, a PE ratio of 36.09 and a beta of 0.97. The firm has a 50-day moving average of $92.22 and a 200-day moving average of $89.18.
The firm also recently announced an annual dividend, which was paid on Thursday, July 13th. Investors of record on Monday, May 15th were paid a $1.0065 dividend. The ex-dividend date was Thursday, May 11th. This represents a yield of 1.08%.
Institutional investors have recently added to or reduced their stakes in the stock. Hudson Bay Capital Management LP acquired a new position in Syngenta AG during the fourth quarter valued at approximately $4,866,000. Highbridge Capital Management LLC raised its position in Syngenta AG by 5.3% in the fourth quarter. Highbridge Capital Management LLC now owns 400,000 shares of the basic materials company’s stock valued at $31,620,000 after buying an additional 20,000 shares during the last quarter. Creative Planning raised its position in Syngenta AG by 12.8% in the first quarter. Creative Planning now owns 1,656 shares of the basic materials company’s stock valued at $147,000 after buying an additional 188 shares during the last quarter. Augustine Asset Management Inc. raised its position in Syngenta AG by 11.5% in the first quarter. Augustine Asset Management Inc. now owns 28,925 shares of the basic materials company’s stock valued at $2,559,000 after buying an additional 2,994 shares during the last quarter. Finally, Capstone Asset Management Co. raised its position in Syngenta AG by 6.7% in the first quarter. Capstone Asset Management Co. now owns 123,409 shares of the basic materials company’s stock valued at $10,922,000 after buying an additional 7,751 shares during the last quarter. Hedge funds and other institutional investors own 8.65% of the company’s stock.
About Syngenta AG
Syngenta AG (Syngenta) is an agribusiness company. The Company operates in the crop protection and seeds business, which is involved in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality, and in the lawn and garden business, which provides professional growers and consumers with flowers, turf and landscape, and professional pest management products.
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