Shares of Syngenta AG (NYSE:SYT) gapped down before the market opened on Friday . The stock had previously closed at $77.87, but opened at $78.58. Syngenta AG shares last traded at $79.63, with a volume of 437,397 shares.

Several analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Syngenta AG from a “hold” rating to a “sell” rating in a research report on Thursday, April 21st. Jefferies Group reaffirmed a “buy” rating on shares of Syngenta AG in a research report on Thursday, May 19th. Finally, Raymond James Financial Inc. raised shares of Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research report on Friday, July 15th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $83.73.

The firm has a 50 day moving average price of $78.39 and a 200-day moving average price of $79.54. The company has a market capitalization of $36.53 billion and a price-to-earnings ratio of 27.41.

A number of large investors have made changes to their positions in the company. Gamco Investors INC. ET AL raised its stake in shares of Syngenta AG by 1.2% in the fourth quarter. Gamco Investors INC. ET AL now owns 12,700 shares of the company’s stock worth $1,000,000 after buying an additional 150 shares during the last quarter. Trexquant Investment LP raised its stake in shares of Syngenta AG by 241.2% in the fourth quarter. Trexquant Investment LP now owns 15,100 shares of the company’s stock valued at $1,189,000 after buying an additional 10,674 shares in the last quarter. Whittier Trust Co. raised its stake in shares of Syngenta AG by 3,669.8% in the fourth quarter. Whittier Trust Co. now owns 18,849 shares of the company’s stock valued at $1,484,000 after buying an additional 18,349 shares in the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Syngenta AG during the fourth quarter valued at about $1,517,000. Finally, Suntrust Banks Inc. raised its stake in shares of Syngenta AG by 69.6% in the fourth quarter. Suntrust Banks Inc. now owns 20,244 shares of the company’s stock valued at $1,593,000 after buying an additional 8,306 shares in the last quarter.

Syngenta AG is an agribusiness operating in the crop protection and seeds business. The Company is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. The Company operates through five segments: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.

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