Bernstein analyst Chad Dillard maintained a Hold rating on Deere (DE – Research Report) today and set a price target of $548.00. The company’s shares closed yesterday at $515.65.
Dillard covers the Industrials sector, focusing on stocks such as Eaton, Quanta Services, and Agco. According to TipRanks, Dillard has an average return of 6.8% and a 55.77% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deere with a $535.14 average price target, implying a 3.78% upside from current levels. In a report released today, Bank of America Securities also maintained a Hold rating on the stock with a $556.00 price target.
The company has a one-year high of $533.78 and a one-year low of $340.20. Currently, Deere has an average volume of 1.44M.
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