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Enter Symbol:
 
Syngenta Ag (SYT) [hlAlert]

Rating:
Overweight
SYT
down 16.73 %

Syngenta Ag (SYT) upgraded to Overweight by HSBC Securities

Posted on: Wednesday,  Oct 23, 2013  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Syngenta Ag (NYSE: SYT) on 10/23/2013, when the stock price was $82.16. Since
then, Syngenta Ag has lost 16.74% as of 01/26/2016's recent price of $68.41.
If you would have followed this HSBC Securities's recommendation on SYT, you would have lost 16.73% of your investment in 825 days.

Syngenta AG (Syngenta) is an agri business company engaged in the crop protection and seeds businesses. The crop protection chemicals include herbicides, insecticides and fungicides to control weeds, insects and diseases in crops. The seeds business operates in two commercial sectors: seeds for field crops, including corn, oilseeds, cereals and sugar beet; and vegetable and flower seeds. The Company, through its business development research is applying biotechnology to areas, including biofuels. The Company operates in three business segments: crop protection, seeds and business development. In November 2008, Syngenta completed the acquisition of SPS Argentina SA (SPS). On November 19, 2008, Syngenta completed the acquisition of Goldsmith Seeds, Inc. (Goldsmith). On December 12, 2008, the Company acquired the pot and garden chrysanthemum and aster business of Yoder Brothers Inc. In June 2009, Syngenta acquired Circle One Global, Inc.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2013 8:25 AM Buy
None
82.16
as of 12/13/2013
1 Week down  -1.72 %
1 Month down  -2.40 %
3 Months down  -6.51 %
1 YTD down  -3.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2013 8:25 AM Hold
None
82.96
9/28/2012 8:25 AM Buy
None
75.44
2/11/2011 8:25 AM Hold
None
66.12

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