Adecoagro S.A. operates as an agro-industrial company in South America. It engages in farming crops and other agricultural products, dairy operations, and land transformation activities, as well as in sugar, ethanol, and energy production activities. The company is involved in the planting, harvesting, and sale of grains and oilseeds, as well as wheat, corn, soybeans, peanut, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties. It also plants, harvests, processes, and markets rice; and produces and sells raw milk, UHT, cheese, powder milk, and others. In addition, the company engages in the cultivating, processing, and transforming of sugarcane into ethanol and sugar; and sale of electricity co-generated at its sugar and ethanol mills to the grid. Further, it is involved in the identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. As of December 31, 2020, the company owned a total of 220,186 hectares, including 18 farms in Argentina, 8 farms in Brazil, and 1 farm in Uruguay, as well as had a total of 241 megawatts of installed cogeneration capacity. Adecoagro S.A. was founded in 2002 and is based in Luxembourg, Luxembourg.
IPO Year: 2011
Exchange: NYSE
Website: adecoagro.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2025 | $10.00 | Equal-Weight → Underweight | Morgan Stanley |
| 4/25/2025 | $12.00 → $10.80 | Buy → Underperform | BofA Securities |
| 10/14/2024 | $12.00 | Neutral | UBS |
| 9/17/2024 | $14.50 → $12.50 | Overweight → Equal-Weight | Morgan Stanley |
| 7/1/2024 | $10.50 → $11.50 | Underweight → Neutral | JP Morgan |
| 12/8/2023 | Neutral → Underweight | JP Morgan | |
| 12/5/2023 | Neutral → Buy | BofA Securities | |
| 10/2/2023 | $12.00 | Outperform → Market Perform | Itau BBA |
| 9/6/2023 | $9.00 → $12.50 | Underperform → Neutral | BofA Securities |
| 8/14/2023 | Equal-Weight → Overweight | Morgan Stanley |
Morgan Stanley downgraded Adecoagro S.A. from Equal-Weight to Underweight and set a new price target of $10.00
BofA Securities downgraded Adecoagro S.A. from Buy to Underperform and set a new price target of $10.80 from $12.00 previously
UBS initiated coverage of Adecoagro S.A. with a rating of Neutral and set a new price target of $12.00
Morgan Stanley downgraded Adecoagro S.A. from Overweight to Equal-Weight and set a new price target of $12.50 from $14.50 previously
JP Morgan upgraded Adecoagro S.A. from Underweight to Neutral and set a new price target of $11.50 from $10.50 previously
JP Morgan downgraded Adecoagro S.A. from Neutral to Underweight
BofA Securities upgraded Adecoagro S.A. from Neutral to Buy
Itau BBA downgraded Adecoagro S.A. from Outperform to Market Perform and set a new price target of $12.00
BofA Securities upgraded Adecoagro S.A. from Underperform to Neutral and set a new price target of $12.50 from $9.00 previously
Morgan Stanley upgraded Adecoagro S.A. from Equal-Weight to Overweight