Barclays Keeps Their Hold Rating on Archer Daniels Midland (ADM)

Barclays analyst Benjamin Theurer maintained a Hold rating on Archer Daniels Midland today and set a price target of $61.00.

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According to TipRanks, Theurer is a 3-star analyst with an average return of 3.0% and a 48.11% success rate. Theurer covers the Consumer Defensive sector, focusing on stocks such as Hormel Foods, Coca Cola Femsa SAB De CV, and Arca Continental SAB de C V.

In a report released on December 7, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $64.00 price target.

Based on Archer Daniels Midland’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $20.37 billion and a net profit of $108 million. In comparison, last year the company earned a revenue of $19.94 billion and had a net profit of $18 million