Adecoagro S.A. upgraded by BofA Securities with a new price target
$AGRO
Farming/Seeds/Milling
Consumer Staples
BofA Securities upgraded Adecoagro S.A. from Underperform to Neutral and set a new price target of $12.50 from $9.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
JP Morgan analyst Lucas Ferreira upgrades Adecoagro (NYSE:AGRO) from Underweight to Neutral and raises the price target from $10.5 to $11.5.
The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Molson Coors Beverage Company (NYSE:TAP) On May 22, Molson Coors Beverage Company announced the pricing of its public of
Adecoagro (NYSE:AGRO) reported quarterly earnings of $0.22 per share. The company reported quarterly sales of $253.799 million which beat the analyst consensus estimate of $245.000 million by 3.59 percent. This is a 3.50 percent increase over sales of $245.213 million the same period last year.
6-K - Adecoagro S.A. (0001499505) (Filer)
6-K - Adecoagro S.A. (0001499505) (Filer)
6-K - Adecoagro S.A. (0001499505) (Filer)
LUXEMBOURG, Feb. 9, 2023 /PRNewswire/ -- Adecoagro S.A. (the "Company") (NYSE:AGRO), a leading sustainable production company in South America, announced the appointment of Emilio Federico Gnecco as Chief Financial Officer of the Company. Mr. Gnecco's appointment became effective as of February 8, 2023, and he succeeds Mr. Carlos Alberto Boero Hughes, who has decided to take on new personal and professional endeavors. Mr. Gnecco has held the position of Chief Legal Officer of the Company since 2005. In that capacity, he has been responsible for the Company's corporate legal matters and compliance and overseeing the Company's financing structures. Earlier in his career, he worked as a corpor
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
LUXEMBOURG, Nov. 1, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1740 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on November 12, 2024, and payable on November 27, 2024.This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 29, 2024, in an equal cash amount, resulting in an annual cash dividend of $35 million. About Adecoagro:Adecoagro is a leading sust
LUXEMBOURG, Aug. 12, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were down 2.3% and 0.5% year-over-year
LUXEMBOURG, May 16, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the first quarter ended March 31, 2024. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 22 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were 2.6% higher in 1Q24 due to (i) more sugarc
SC 13G - Adecoagro S.A. (0001499505) (Subject)
SC 13D/A - Adecoagro S.A. (0001499505) (Subject)
SC 13D/A - Adecoagro S.A. (0001499505) (Subject)
LUXEMBOURG, Nov. 1, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO), a leading sustainable production company in South America, announced its Board of Directors has approved a cash dividend distribution of $17.5 million that represents approximately $0.1740 per share considering outstanding shares as of today, to shareholders of the Company of record at close of business on November 12, 2024, and payable on November 27, 2024.This dividend distribution is the second of a two-tranche cash dividend payable in two installments. The first installment was paid on May 29, 2024, in an equal cash amount, resulting in an annual cash dividend of $35 million. About Adecoagro:Adecoagro is a leading sust
LUXEMBOURG, Aug. 12, 2024 /PRNewswire/ -- Adecoagro S.A. (NYSE:AGRO, Bloomberg: AGRO US, Reuters: AGRO.K))), a leading sustainable production company in South America, announced today its results for the second quarter ended June 30, 2024. The financial information contained in this press release is based on consolidated interim financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 23 for a definition and reconciliation to IFRS of the Non - IFRS measures used in this earnings release. Main highlights for the period: Gross sales were down 2.3% and 0.5% year-over-year
LUXEMBOURG, Aug. 2, 2024 /PRNewswire/ -- Adecoagro S.A. (the "Issuer") announces the early results of its previously announced tender offer (the "Tender Offer") to purchase for cash up to US$100.0 million in aggregate principal amount (subject to increase or decrease by the Issuer, in its sole discretion, the "Maximum Tender Amount") of its 6.000% senior notes due 2027 (the "Notes"). The Tender Offer is being made upon the terms and subject to the conditions set forth in an offer to purchase, dated July 22, 2024 (the "Offer to Purchase"). Any capitalized term used but not defined in this press release has the respective meaning set forth in the Offer to Purchase. The following table sets fo