Shares of Syngenta AG (NYSE:SYT) reached a new 52-week high during trading on Friday . The stock traded as high as $88.46 and last traded at $88.15, with a volume of 273,771 shares changing hands. The stock had previously closed at $87.68.

Several analysts have recently commented on SYT shares. Zacks Investment Research raised shares of Syngenta AG from a “sell” rating to a “hold” rating in a research note on Wednesday, May 18th. Jefferies Group reissued a “buy” rating on shares of Syngenta AG in a research note on Thursday, May 19th. Raymond James Financial Inc. raised shares of Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research note on Friday, July 15th. Finally, Deutsche Bank AG reissued a “buy” rating on shares of Syngenta AG in a research note on Tuesday, August 23rd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Syngenta AG currently has an average rating of “Buy” and a consensus price target of $90.10.

The stock’s 50-day moving average price is $80.77 and its 200 day moving average price is $80.76. The firm has a market cap of $40.49 billion and a PE ratio of 34.32.

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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