In a report released today, Isabella Simonato from Bank of America Securities maintained a Buy rating on Adecoagro SA (AGRO – Research Report). The company’s shares opened today at $10.80.
According to TipRanks, Simonato is ranked #8106 out of 8838 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Adecoagro SA.
The company has a one-year high of $12.32 and a one-year low of $8.25. Currently, Adecoagro SA has an average volume of 488.4K.
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Adecoagro SA (AGRO) Company Description:
Adecoagro SA is a holding company, which engages in provision of agricultural and agro-industrial activities through its subsidiaries. It operates through the following segments: Farming; Sugar, Ethanol, and Energy; Land Transformation; and Corporate. The Farming segment comprises of planting, harvesting, processing, and marketing of rice; production and sale of raw milk, and other dairy products; and all other segments. The Sugar, Ethanol and Energy segment consists of cultivating sugarcane which is processed in owned sugar mills, transformed into ethanol, sugar and electricity, and marketed. The Land Transformation segment includes the identification and acquisition of underdeveloped and undermanaged farmland businesses; and realization of value through the strategic disposition of assets. the Corporate segment represents other activities of a holding function nature not allocable to the segments. The company was founded by Alan Leland Boyce, Ezequiel Garbers, Mariano Bosch, and Walter Marcelo Sanchez in 2002 and is headquartered in Luxembourg.
