Analysts’ Views on FMC in January 2018



FMC’s performance

In 2017, FMC (FMC) significantly outperformed the S&P 500 with a return of 66%. The stock has risen 2% so far in 2018. The company’s lithium division has garnered much of investors’ (MXI) attention. Lithium is used to store energy and is in popular demand since the world is moving toward electric cars.

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Analyst ratings

Twenty-two Wall Street analysts are covering FMC. They have a consensus mean rating of 2.3 on the stock with an overall “buy” recommendation as of January 10, 2018. FMC’s ratings have remained unchanged from last month, similar to Monsanto (MON), Mosaic (MOS), and CF Industries (CF).

Of the 22 analysts, three have a “strong buy” recommendation for FMC for the next 12-month period, while nine analysts have a “buy” recommendation for the stock. Twelve analysts have a “hold” recommendation.

None of the analysts have a “sell” or “strong sell” recommendation for the stock.

Price targets

As of January 10, 2018, the current consensus median price target for FMC is $102, which would leave a 5% upside over its closing price of $97.50 that day.

In January, Goldman Sachs has downgraded the stock to “neutral” from “buy” but has maintained its price target of $98. The Royal Bank of Canada has upgraded its price target from $102 to $110.

Next, we’ll look at the ratings and price targets for Scotts Miracle-Gro (SMG).


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