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

SYT has been the subject of a number of recent research reports. Deutsche Bank AG restated a “buy” rating on shares of Syngenta AG in a research note on Tuesday, August 23rd. Jefferies Group restated a “buy” rating on shares of Syngenta AG in a research note on Thursday, May 19th. Zacks Investment Research upgraded shares of Syngenta AG from a “sell” rating to a “hold” rating in a research note on Tuesday, June 21st. Finally, Raymond James Financial Inc. upgraded shares of Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research note on Friday, July 15th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $90.10.

The stock has a market capitalization of $40.55 billion and a PE ratio of 34.37. The stock has a 50 day moving average of $81.07 and a 200-day moving average of $80.82.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.