Analysts fell to the sidelines weighing in on Fastenal Company (FAST – Research Report) and Archer Daniels Midland (ADM – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Fastenal Company (FAST)
J.P. Morgan analyst Patrick Baumann maintained a Hold rating on Fastenal Company on April 12 and set a price target of $66.00. The company’s shares closed last Monday at $69.39.
According to TipRanks.com, Baumann is ranked #3691 out of 8783 analysts.
Fastenal Company has an analyst consensus of Hold, with a price target consensus of $70.00, representing a -1.8% downside. In a report issued on April 11, Jefferies also maintained a Hold rating on the stock with a $74.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Archer Daniels Midland (ADM)
In a report issued on April 11, Tami Zakaria from J.P. Morgan maintained a Hold rating on Archer Daniels Midland, with a price target of $65.00. The company’s shares closed last Monday at $60.52.
According to TipRanks.com, Zakaria is a 5-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Archer Daniels Midland with a $63.00 average price target, a 2.7% upside from current levels. In a report issued on April 3, Citi also maintained a Hold rating on the stock with a $64.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on FAST:
