Deere & Company (NYSE:DE)‘s stock had its “hold” rating reaffirmed by analysts at Royal Bank Of Canada in a research note issued to investors on Wednesday. They presently have a $155.00 price target on the industrial products company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 6.71% from the company’s current price.

Several other research firms have also recently commented on DE. Robert W. Baird upgraded shares of Deere & from a “neutral” rating to an “outperform” rating and raised their target price for the company from $140.00 to $155.00 in a report on Tuesday. BMO Capital Markets restated a “buy” rating and set a $150.00 target price on shares of Deere & in a report on Thursday, November 2nd. Zacks Investment Research upgraded shares of Deere & from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a report on Thursday, November 2nd. Jefferies Group LLC restated a “hold” rating and set a $125.00 target price on shares of Deere & in a report on Wednesday, August 9th. Finally, Deutsche Bank AG raised their target price on shares of Deere & from $129.00 to $149.00 and gave the company a “hold” rating in a report on Thursday, November 16th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $131.93.

Shares of Deere & (DE) traded up $6.02 during trading hours on Wednesday, reaching $145.25. 8,091,254 shares of the company were exchanged, compared to its average volume of 2,390,179. The firm has a market cap of $46,670.00, a PE ratio of 22.93, a P/E/G ratio of 2.46 and a beta of 0.73. The company has a debt-to-equity ratio of 2.76, a quick ratio of 1.90 and a current ratio of 2.10. Deere & has a 12-month low of $98.57 and a 12-month high of $146.00.

Deere & (NYSE:DE) last released its earnings results on Wednesday, November 22nd. The industrial products company reported $1.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.44 by $0.13. Deere & had a net margin of 6.81% and a return on equity of 25.96%. The company had revenue of $7.09 billion during the quarter, compared to analysts’ expectations of $6.91 billion. During the same quarter last year, the business earned $0.90 EPS. The business’s revenue was up 25.6% on a year-over-year basis. analysts anticipate that Deere & will post 6.49 earnings per share for the current fiscal year.

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In other Deere & news, insider John C. May II sold 22,095 shares of the company’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $127.04, for a total value of $2,806,948.80. Following the completion of the sale, the insider now directly owns 51,429 shares of the company’s stock, valued at approximately $6,533,540.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Pentz Markwart Von sold 24,143 shares of the company’s stock in a transaction dated Monday, November 6th. The shares were sold at an average price of $135.33, for a total transaction of $3,267,272.19. Following the completion of the sale, the insider now directly owns 57,086 shares of the company’s stock, valued at $7,725,448.38. The disclosure for this sale can be found here. Insiders have sold 102,684 shares of company stock valued at $13,270,809 in the last 90 days. Insiders own 0.75% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of DE. Parallel Advisors LLC increased its holdings in shares of Deere & by 14.7% in the 1st quarter. Parallel Advisors LLC now owns 1,504 shares of the industrial products company’s stock valued at $167,000 after purchasing an additional 193 shares during the period. Davidson Investment Advisors increased its holdings in shares of Deere & by 7.4% in the 1st quarter. Davidson Investment Advisors now owns 4,835 shares of the industrial products company’s stock valued at $526,000 after purchasing an additional 335 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Deere & by 1.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 935,907 shares of the industrial products company’s stock valued at $101,884,000 after purchasing an additional 10,726 shares during the period. Lazard Asset Management LLC increased its holdings in shares of Deere & by 4.5% in the 1st quarter. Lazard Asset Management LLC now owns 2,486,995 shares of the industrial products company’s stock valued at $270,734,000 after purchasing an additional 106,034 shares during the period. Finally, RMB Capital Management LLC increased its holdings in shares of Deere & by 0.6% in the 1st quarter. RMB Capital Management LLC now owns 3,329 shares of the industrial products company’s stock valued at $362,000 after purchasing an additional 19 shares during the period. Hedge funds and other institutional investors own 67.05% of the company’s stock.

About Deere &

Deere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts.

Analyst Recommendations for Deere & (NYSE:DE)

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