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Analysts’ April Recommendations and Targets for FMC Corporation



FMC Corporation

Like Monsanto (MON), FMC Corporation (FMC) is in the business of crop protection products. The majority of FMC’s sales come from its Agricultural Solutions segment, which includes crop protection products such as herbicides, insecticides, and fungicides.

Let’s look at how analysts’ recommendations for the stock have changed in April 2017.

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On April 10, 2017, one of the 19 analysts covering FMC had a “strong buy” recommendation on the stock, and eight had “buy” recommendations on the stock. This number rose compared to the six analysts who had “buy” recommendations on FMC in March 2017.

However, unlike CF Industries (CF), The Mosaic Company (MOS), and PotashCorp (POT), nine analysts gave FMC “hold” recommendations for the next 12 months. Only one analyst recommended a “sell” on the stock. These recommendations haven’t changed since our March update.

Price target

FMC closed at $75.2 per share on April 10, 2017, just 50 basis points below its next-12-month price target of $75.6. This price target was upgraded from $65.4 in March.

Because most of FMC’s sales come from the agricultural sector, the trend in its stock recommendations is similar to those of the fertilizer companies (XLB) we covered earlier in this series.

In the final part of this series, we’ll look at analysts’ outlooks for Scotts Miracle-Gro Company (SMG).


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