Shares of AGCO Corporation (NYSE:AGCO) traded at a new 52-week high today of $133.33. So far today approximately 188,000 shares have been exchanged, as compared to an average 30-day volume of 680,000 shares.
In the past 52 weeks, shares of AGCO Corporation have traded between a low of $35.33 and a high of $133.33 and is now at $132.33, which is 275% above that low price.
Based in Duluth, Georgia, Agco is the third- largest agricultural equipment manufacturer, behind Deere and CNH Industrial. It has five principal brands: Massey Ferguson, Challenger, Fendt, Valtra, and GSI. Unlike its competitors, Agco’s product line extends beyond self-propelled equipment and implements by offering grain handling systems and livestock management solutions. The company reports segment revenue by geographic region, with North America accounting for 24% of revenue; South America, 9%; Europe/Africa/Middle East, 59%; and Asia/Pacific, 8%. Agco’s revenue in 2019 was $9 billion.
Based on a current price of $132.33, AGCO Corporation is currently 2.2% above its average consensus analyst price target of $129.38.
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