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Adecoagro (AGRO) Stock Forecast & Price Target

$9.81
-0.06 (-0.61%)
(As of 07/5/2024 08:52 PM ET)

Adecoagro - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$12.50
27.42% Upside
High Forecast$14.00
Average Forecast$12.50
Low Forecast$11.50
TypeCurrent Forecast
7/9/23 to 7/8/24
1 Month Ago
6/9/23 to 6/8/24
3 Months Ago
4/10/23 to 4/9/24
1 Year Ago
7/9/22 to 7/9/23
Consensus Rating
Moderate Buy
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$12.50$12.17$11.56$9.55
Forecasted Upside27.42% Upside5.08% Upside6.95% Upside18.81% Upside

AGRO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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AGRO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Adecoagro Stock vs. The Competition

TypeAdecoagroConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.50
2.44
2.50
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside27.42% Upside782.80% Upside12.25% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024JPMorgan Chase & Co.
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 UpgradeUnderweight ➝ Neutral$10.50 ➝ $11.50+18.19%
12/5/2023Bank of America
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 UpgradeNeutral ➝ Buy$12.50 ➝ $14.00+26.75%
10/2/2023Itau BBA Securities
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 DowngradeOutperform ➝ Market Perform$12.00+2.65%
8/14/2023Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight
4/17/2023HSBC
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 DowngradeBuy ➝ Hold$9.75+14.57%
9/30/2022Itaú Unibanco
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 Initiated CoverageOutperform$10.00+29.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 09:45 AM ET.

AGRO Forecast - Frequently Asked Questions

What is Adecoagro's forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Adecoagro is $12.50, with a high forecast of $14.00 and a low forecast of $11.50.

Should I buy or sell Adecoagro stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Adecoagro in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" AGRO shares.

Does Adecoagro's stock price have much upside?

According to analysts, Adecoagro's stock has a predicted upside of 15.51% based on their 12-month stock forecasts.

Has Adecoagro been upgraded by Wall Street analysts recently?

Over the previous 90 days, Adecoagro's stock had 1 upgrade by analysts.

What analysts cover Adecoagro?

Adecoagro has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.

Do Wall Street analysts like Adecoagro more than its competitors?

Analysts like Adecoagro more than other "consumer staples" companies. The consensus rating for Adecoagro is Moderate Buy while the average consensus rating for "consumer staples" companies is Hold. Learn more on how AGRO compares to other companies.


This page (NYSE:AGRO) was last updated on 7/8/2024 by MarketBeat.com Staff

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