Can analysts adopt a bullish outlook for Archer-Daniels-Midland Company (NYSE:ADM)?

Archer-Daniels-Midland Company (NYSE:ADM) Logo
Investors sentiment decreased to 0.92 in Q2 2019. Its down 0.16, from 1.08 in 2019Q1. It dropped, as 57 investors sold Archer-Daniels-Midland Company shares while 202 reduced holdings. 63 funds opened positions while 175 raised stakes. 412.08 million shares or 0.78% less from 415.31 million shares in 2019Q1 were reported.
Hennessy Advsrs Incorporated owns 119,800 shares for 0.23% of their portfolio. Oklahoma-based Bokf Na has invested 0.02% in Archer-Daniels-Midland Company (NYSE:ADM). Vident Invest Advisory Ltd Limited Liability Company, Georgia-based fund reported 10,535 shares. Zurcher Kantonalbank (Zurich Cantonalbank) reported 243,637 shares or 0.08% of all its holdings. Gabelli Funds Ltd holds 0.15% or 589,000 shares in its portfolio. The Illinois-based Magnetar Limited Com has invested 0.02% in Archer-Daniels-Midland Company (NYSE:ADM). Dynamic Advisor Solutions Lc reported 6,855 shares or 0.04% of all its holdings. Gagnon Ltd Liability Corp has invested 0.08% in Archer-Daniels-Midland Company (NYSE:ADM). Oppenheimer And Co Inc holds 44,205 shares or 0.05% of its portfolio. Green Square Cap has invested 0.84% in Archer-Daniels-Midland Company (NYSE:ADM). Utd Fincl Advisers Ltd Liability reported 14,180 shares. Sei Invests Co holds 0.06% or 474,766 shares. Qci Asset Management invested in 1,665 shares or 0.01% of the stock. 52,842 were accumulated by Loudon Inv Management Limited Liability Company. Tompkins Fincl Corp accumulated 1,934 shares or 0.02% of the stock.

Since April 29, 2019, it had 4 insider buys, and 0 insider sales for $1.58 million activity. $199,990 worth of Archer-Daniels-Midland Company (NYSE:ADM) shares were bought by LUCIANO JUAN R.

Archer-Daniels-Midland Company (NYSE:ADM) Ratings Coverage

Among 4 analysts covering Archer-Daniels-Midland (NYSE:ADM), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Archer-Daniels-Midland has $5600 highest and $5000 lowest target. $50.75’s average target is 25.43% above currents $40.46 stock price. Archer-Daniels-Midland had 9 analyst reports since April 24, 2019 according to SRatingsIntel. Buckingham Research maintained Archer-Daniels-Midland Company (NYSE:ADM) on Friday, July 19 with “Buy” rating. The stock has “Outperform” rating by BMO Capital Markets on Monday, April 29. Stifel Nicolaus maintained Archer-Daniels-Midland Company (NYSE:ADM) rating on Tuesday, April 30. Stifel Nicolaus has “Buy” rating and $5600 target. Stifel Nicolaus maintained it with “Buy” rating and $5100 target in Wednesday, June 26 report. Below is a list of Archer-Daniels-Midland Company (NYSE:ADM) latest ratings and price target changes.

10/10/2019 Broker: BidaskScore Rating: Hold Downgrade
08/10/2019 Broker: Stephens Rating: Overweight New Target: $50.0000 Initiates Coverage On
01/10/2019 Broker: BidaskScore Rating: Buy Upgrade
19/07/2019 Broker: Buckingham Research Rating: Buy Old Target: $53.0000 New Target: $51.0000 Maintain
26/06/2019 Broker: Stifel Nicolaus Rating: Buy Old Target: $56.0000 New Target: $51.0000 Maintain
15/05/2019 Broker: BidaskScore Rating: Sell Downgrade
30/04/2019 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $53.0000 New Target: $56.0000 Maintain
29/04/2019 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Old Target: $50.0000 New Target: $51.0000 Upgrade
24/04/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock increased 1.73% or $0.69 during the last trading session, reaching $40.46. About 2.68M shares traded. Archer-Daniels-Midland Company (NYSE:ADM) has declined 13.24% since October 12, 2018 and is downtrending. It has underperformed by 13.24% the S&P500.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company has market cap of $22.54 billion. The Company’s Agricultural Services segment offers agricultural commodities, including oilseeds, corn, wheat, milo, oats, rice, and barley. It has a 17.42 P/E ratio. This segment also provides structured trade finance; and processes wheat into wheat flour.

More notable recent Archer-Daniels-Midland Company (NYSE:ADM) news were published by: Seekingalpha.com which released: “ADM, Cargill to swap Midwest grain elevators – Seeking Alpha” on July 11, 2019, also Finance.Yahoo.com with their article: “Is Now An Opportune Moment To Examine Archer-Daniels-Midland Company (NYSE:ADM)? – Yahoo Finance” published on October 05, 2019, Businesswire.com published: “ADM Reports Second Quarter Earnings of $0.42 per Share, $0.60 per Share on an Adjusted Basis – Business Wire” on August 01, 2019. More interesting news about Archer-Daniels-Midland Company (NYSE:ADM) were released by: Twst.com and their article: “ADM – Archer Daniels Midland Company: ADM to Release Third Quarter Financial Results Oct. 31, 2019 – The Wall Street Transcript” published on October 10, 2019 as well as Seekingalpha.com‘s news article titled: “ADM, Bunge say not sourcing from deforested Amazon areas – Seeking Alpha” with publication date: August 30, 2019.

Archer-Daniels-Midland Company (NYSE:ADM) Institutional Positions Chart

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