Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $14.53 on Adecoagro S.A. (NYSE:AGRO) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.53 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Adecoagro S.A. (NYSE:AGRO) stands at 106.53.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Adecoagro S.A. Common Shares, the PEG ratio for coming 3-5 years is 23.27.
The technical analysis highlights that Adecoagro S.A. Common Shares current is trading $0.48 points away or +4.66% from its 50-day moving average of $10.28. Further it is trading $-0.35 or -3.17% away its 200-day moving average of $11.11.
The 52-week high of Adecoagro S.A. (NYSE:AGRO) was $13.42 while lowest point recorded in 52-week was $7.89. It implies if stock price makes a movement of over $-2.66, it will record a new 52-week high. In the case of +36.38% drop, it will touch a new 52-week low.
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