Shares of Deere & Company (NYSE:DE) traded today at $436.86, eclipsing its 52-week high. So far today approximately 288,000 shares have been exchanged, as compared to an average 30-day volume of 2.6 million shares.
Deere & Company (NYSE:DE) has potential upside of 3.9% based on a current price of $436.86 and analysts’ consensus price target of $454.10.
Deere is the world’s leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through a robust dealer network, which includes over 1,900 dealer locations in North America and approximately 3,700 locations globally. John Deere Capital provides retail financing for machinery to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Deere product sales.
Deere & Company share prices have moved between a 52-week high of $436.86 and a 52-week low of $320.50 and are now trading 36% above that low price at $436.86 per share.
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