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Enter Symbol:
 
AGCO CP (AGCO) [hlAlert]

Rating:
Underperform
AGCO
up 6.61 %

AGCO CP (AGCO) rated Underperform by Wells Fargo

Posted on: Wednesday,  Mar 20, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Underperform AGCO CP (NYSE: AGCO) on 03/20/2013, when the stock price was $51.88. Since
then, AGCO CP has lost 6.21% as of 01/27/2016's recent price of $48.66.
If you would have followed this Wells Fargo's recommendation on AGCO, you would have gained 6.61% of your investment in 1043 days.

AGCO Corporation (AGCO) is a manufacturer and distributor of agricultural equipment and related replacement parts. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment and implements and a line of diesel engines. AGCO?s products are marketed under a number of brands including, Challenger, Fendt, Massey Ferguson and Valtra. It distributes most of its products through a combination of approximately 2,800 independent dealers and distributors in more than 140 countries. In addition, AGCO provides retail financing in the United States, Canada, Brazil, Germany, France, the United Kingdom, Australia, Ireland and Austria through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A., which it refer to as Rabobank.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/20/2013 8:25 AM Sell
None
51.88
as of 12/13/2013
1 Week up  0.05 %
1 Month down  -1.02 %
3 Months down  -0.13 %
1 YTD down  -13.62 %

(*) Stock Price at the time of the recommendation.
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