Monsanto’s Price Targets and Recommendations in June 2017

On June 9, Monsanto (MON) stock closed at $117.5 per share. However, unlike fertilizer companies (NANR) such as CF Industries (CF), Mosaic (MOS), and PotashCorp (POT), Monsanto has returned a significant double-digit return of 11.7% YTD (year-to-date).

Monsanto earns the majority of its revenue from its Corn Seed and Traits segment. To learn more about Monsanto, read An In-Depth Review of Monsanto in 2016.

Out of the 18 analysts surveyed by Reuters, three had a “strong buy” recommendation on Monsanto for the next-12-month period. Seven analysts had a “buy” recommendation on the stock, while eight analysts had a “hold” recommendation on the stock. Interestingly, none of the analysts had a “sell” or a “strong sell” recommendation on the stock for the next-12-month period. Keep in mind that these recommendations come from sell-side analysts, who seldom give a sell recommendation on a particular stock.

The peak price target for the company stood at $123.7 in April 2017 but has since been revised lower. The next-12-month consensus price target on Monsanto stood at $122.7 per share, which was unchanged month-over-month. The current price target provides an upside target of just about 4.4% when compared with the price of $117.5 per share on June 9.

Next, we’ll discuss FMC.