Jefferies Reiterates a 'Buy' on FMC Corp. (FMC); Raises PT and Estimates

September 10, 2012 8:19 AM EDT
Get Alerts FMC Hot Sheet
Price: $47.33 -0.23%

Rating Summary:
    6 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 22 | New: 40
Trade FMC Now!
Join SI Premium – FREE
Jefferies reiterates a 'Buy' on FMC Corp. (NYSE: FMC) price target of $66.00 (from $63.00).

Analyst, Laurence Alexander, said, "We expect FMC's narrative to shift, with a greater emphasis on organic growth, capex to support it, and consequently less scope for further increases in ROIC. We are raising 2013E $0.05 to $4.00, and 2014E $0.10 to $4.55."

For an analyst ratings summary and ratings history on FMC Corp. click here. For more ratings news on FMC Corp. click here.

Shares of FMC Corp. closed at $55.95 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change

Related Entities

Jefferies & Co

Add Your Comment