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Goldman Sachs Starts FMC Corp. (FMC) at Neutral on Valuation

September 19, 2012 7:26 AM EDT Send to a Friend
Get Alerts FMC Hot Sheet
Price: $65.97 -0.26%

Rating Summary:
    3 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 24 | Down: 14 | New: 52
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Goldman Sachs initiates coverage on FMC Corp. (NYSE: FMC) with a Neutral rating and $62 price target citing valuation.

"FMC is a rarity in the chemicals sector – a company that has not only improved its business mix and profitability metrics, but also has been rewarded by investors with the appropriate re-rating," the analyst notes. "As a result, we see limited upside to our SOTP-based price target."

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 $57.96 yesterday.




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Comments

Year Range on FMC
ajay maheshwari on 2012-09-19 07:34:19
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52 weeks range on FMC is 31.91 to 59.41 the price off 112.89 was post split


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