FMC (NYSE:FMC): Credit Suisse Reaffirms Outperform Rating Today, Has a Target of $113/Share

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Investors sentiment increased to 1.06 in 2018 Q2. Its up 0.04, from 1.02 in 2018Q1. It increased, as 39 investors sold FMC Corporation shares while 156 reduced holdings. 62 funds opened positions while 144 raised stakes. 116.30 million shares or 2.09% more from 113.92 million shares in 2018Q1 were reported.

Massachusetts-based State Street Corporation has invested 0.05% in FMC Corporation (NYSE:FMC). Ims Capital Management holds 0.02% in FMC Corporation (NYSE:FMC) or 294 shares. Cambridge Invest Rech Advisors holds 0% or 3,744 shares. Cutter And Brokerage Inc invested in 2.16% or 62,744 shares. 84,570 are held by Weybosset Research Management Ltd Co. Sandy Spring Comml Bank reported 12,470 shares. Rhumbline Advisers holds 0.04% in FMC Corporation (NYSE:FMC) or 246,059 shares. Vanguard Grp Inc Incorporated owns 14.38 million shares for 0.05% of their portfolio. Bedrijfstakpensioenfonds Voor De Media Pno reported 160,000 shares or 2.29% of all its holdings. Los Angeles Mngmt & Equity Rech owns 0.28% invested in FMC Corporation (NYSE:FMC) for 557,754 shares. Srb Corp has invested 0.06% of its portfolio in FMC Corporation (NYSE:FMC). 4,000 were accumulated by Bankshares Of Nova Scotia. Northwestern Mutual Wealth Mgmt has invested 0% of its portfolio in FMC Corporation (NYSE:FMC). Employees Retirement System Of Texas holds 72,000 shares or 0.09% of its portfolio. Gulf National Bank (Uk) Ltd reported 43,025 shares.

Since June 6, 2018, it had 1 insider buy, and 1 insider sale for $100,727 activity. 2,350 shares valued at $201,746 were sold by DOUGLAS MARK on Tuesday, August 14. On Wednesday, June 6 Graves Paul W sold $319,783 worth of FMC Corporation (NYSE:FMC) or 3,615 shares.

FMC (NYSE:FMC) Rating Reaffirmed

They currently have a $113 price target on FMC (NYSE:FMC). The target price by Credit Suisse would suggest a potential upside of 35.74 % from the company’s stock close price. This has been released in an analyst note on Tuesday, 4 December.

FMC Corporation (NYSE:FMC) Ratings Coverage

Among 4 analysts covering FMC (NYSE:FMC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. FMC has $118 highest and $92 lowest target. $105.33’s average target is 26.52% above currents $83.25 stock price. FMC had 4 analyst reports since July 11, 2018 according to SRatingsIntel. The stock has “Buy” rating by Loop Capital on Friday, November 9. Nomura maintained the stock with “Buy” rating in Wednesday, July 11 report. Citigroup maintained it with “Buy” rating and $92 target in Tuesday, November 6 report.

The stock decreased 2.81% or $2.41 during the last trading session, reaching $83.25. About 1.01 million shares traded. FMC Corporation (NYSE:FMC) has declined 7.16% since December 4, 2017 and is downtrending. It has underperformed by 22.78% the S&P500.

Analysts await FMC Corporation (NYSE:FMC) to report earnings on February, 11. They expect $1.39 EPS, up 26.36 % or $0.29 from last year’s $1.1 per share. FMC’s profit will be $187.17M for 14.97 P/E if the $1.39 EPS becomes a reality. After $0.98 actual EPS reported by FMC Corporation for the previous quarter, Wall Street now forecasts 41.84 % EPS growth.

FMC Corporation, a diversified chemical company, provides solutions, applications, and products for the agricultural, consumer, and industrial markets worldwide. The company has market cap of $11.21 billion. The firm operates through three divisions: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium. It has a 11.23 P/E ratio. The FMC Agricultural Solutions segment develops, makes, and sells crop protection chemicals, such as insecticides, herbicides, and fungicides that are used in agriculture to enhance crop yield and by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control.

More notable recent FMC Corporation (NYSE:FMC) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For November 14, 2018 – Benzinga” on November 14, 2018, also Seekingalpha.com with their article: “FMC hikes dividend, sets $1B stock buyback, outlines five-year strategic plan – Seeking Alpha” published on December 03, 2018, Investingnews.com published: “How to Get Started on Battery Metals Investing – Investing News Network” on November 22, 2018. More interesting news about FMC Corporation (NYSE:FMC) were released by: Seekingalpha.com and their article: “Trump bump for agriculture/farming stocks – Seeking Alpha” published on December 03, 2018 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For November 5, 2018 – Benzinga” with publication date: November 05, 2018.

FMC Corporation (NYSE:FMC) Institutional Positions Chart

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