This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Barclays Sticks to Its Hold Rating for Archer Daniels Midland (ADM)

Tipranks - Tipranks - Fri Sep 11, 4:42AM CDT

Barclays analyst Benjamin Theurer maintained a Hold rating on Archer Daniels Midland today and set a price target of $90.00.

Theurer covers the Consumer Defensive sector, focusing on stocks such as JBS, Sigma Foods SAB de CV, and Archer Daniels Midland. According to TipRanks, Theurer has an average return of 5.2% and a 51.12% success rate on recommended stocks.

Currently, the analyst consensus on Archer Daniels Midland is a Hold with an average price target of $86.50.

See Insiders’ Hot Stocks on TipRanks >>

Based on Archer Daniels Midland’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $22.68 billion and a net profit of $908 million. In comparison, last year the company earned a revenue of $21.19 billion and had a net profit of $219 million

Read More on ADM:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Market data provided by Barchart. Exchange delay details and data provider terms here. Information may be delayed, is provided 'as is' and is solely for informational purposes, and not for trading, investment or advice.