Syngenta AG (NYSE:SYT) – Equities researchers at Jefferies Group issued their FY2016 earnings per share (EPS) estimates for Syngenta AG in a research note issued on Monday. Jefferies Group analyst L. Alexander anticipates that the brokerage will post earnings of $3.28 per share for the year. Jefferies Group also issued estimates for Syngenta AG’s FY2017 earnings at $3.73 EPS and FY2018 earnings at $3.91 EPS.
Several other brokerages have also weighed in on SYT. Deutsche Bank AG reiterated a “buy” rating on shares of Syngenta AG in a report on Wednesday, October 26th. Sanford C. Bernstein lowered shares of Syngenta AG from an “outperform” rating to a “market perform” rating and raised their price target for the company from $90.20 to $92.20 in a report on Tuesday, September 6th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Syngenta AG currently has a consensus rating of “Buy” and an average target price of $90.10.
Shares of Syngenta AG (NYSE:SYT) opened at 76.99 on Wednesday. The stock has a market cap of $35.38 billion, a P/E ratio of 29.99 and a beta of 1.09. Syngenta AG has a 12 month low of $68.94 and a 12 month high of $89.13. The stock’s 50 day moving average is $81.16 and its 200 day moving average is $81.46.
A number of hedge funds have recently modified their holdings of SYT. Quantitative Systematic Strategies LLC purchased a new stake in shares of Syngenta AG during the third quarter valued at about $302,000. Water Island Capital LLC increased its stake in shares of Syngenta AG by 51.0% in the third quarter. Water Island Capital LLC now owns 387,624 shares of the company’s stock valued at $33,956,000 after buying an additional 131,000 shares during the period. Credit Suisse AG increased its stake in shares of Syngenta AG by 9,233.8% in the third quarter. Credit Suisse AG now owns 280,295 shares of the company’s stock valued at $24,554,000 after buying an additional 277,292 shares during the period. Boston Private Wealth LLC purchased a new stake in shares of Syngenta AG during the third quarter valued at about $217,000. Finally, Jane Street Group LLC increased its stake in shares of Syngenta AG by 145.8% in the third quarter. Jane Street Group LLC now owns 4,936 shares of the company’s stock valued at $432,000 after buying an additional 15,712 shares during the period. 7.16% of the stock is owned by institutional investors.
Syngenta AG Company Profile