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Adecoagro SA (AGRO) [hlAlert]

down 0.61 %

Adecoagro SA (AGRO) rated Overweight by JP Morgan

Posted on: Monday,  Sep 28, 2015  10:25 AM ET by JP Morgan

JP Morgan rated Overweight Adecoagro SA (NYSE: AGRO) on 09/28/2015, when the stock price was $8.09. Since
then, Adecoagro SA has lost 0.62% as of 01/22/2016's recent price of $8.04.
If you would have followed this JP Morgan's recommendation on AGRO, you would have lost 0.61% of your investment in 116 days.

Adecoagro S.A. is an agricultural company in South America, with operations in Argentina, Brazil and Uruguay. It is engaged in a range of businesses, including farming crops and other agricultural products, cattle and dairy operations, sugar, ethanol and energy production and land transformation. As of September 30, 2010, it owned a total of 287,884 hectares, consisted of 21 farms in Argentina, 15 farms in Brazil and two farms in Uruguay. As of September 30, 2010, it owned and operated several agro-industrial production facilities, including three rice processing facilities in Argentina, a dairy operation with approximately 4,500 milking cows in Argentina, two coffee processing plants in Brazil, seven grain and rice conditioning and storage plants in Argentina and two sugar and ethanol mills in Brazil with a sugarcane crushing capacity of 5.2 million tons. In August 2011, the Company acquired Compania Agroforestal de Servicios y Mandatos S.A.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/28/2015 10:25 AM Buy
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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