Shares of Syngenta AG (NYSE:SYT) gapped down prior to trading 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 traded.

Several analysts recently weighed in on SYT shares. Jefferies Group restated a “buy” rating on shares of Syngenta AG in a research note on Thursday, May 19th. Zacks Investment Research upgraded Syngenta AG from a “sell” rating to a “hold” rating in a research note on Wednesday, May 18th. Finally, Raymond James Financial Inc. upgraded Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research note on Friday, July 15th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $83.73.

The company’s 50 day moving average is $78.39 and its 200 day moving average is $79.54. The firm has a market cap of $36.57 billion and a price-to-earnings ratio of 31.01.

Other hedge funds recently bought and sold shares of the company. Gamco Investors INC. ET AL increased its stake in Syngenta AG by 1.2% in the fourth quarter. Gamco Investors INC. ET AL now owns 12,700 shares of the company’s stock valued at $1,000,000 after buying an additional 150 shares in the last quarter. Trexquant Investment LP increased its stake in 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. increased its stake in 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. bought a new stake in Syngenta AG during the fourth quarter valued at $1,517,000. Finally, Suntrust Banks Inc. increased its stake in 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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