Syngenta AG (NYSE:SYT)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $87.13, but opened at $87.25. Syngenta AG shares last traded at $87.61, with a volume of 312,876 shares traded.

SYT has been the topic of a number of recent research reports. Zacks Investment Research upgraded Syngenta AG from a “sell” rating to a “hold” rating in a report on Wednesday, May 18th. Jefferies Group reiterated a “buy” rating on shares of Syngenta AG in a report on Thursday, May 19th. Raymond James Financial Inc. upgraded Syngenta AG from a “mkt perform” rating to an “outperform” rating in a report on Friday, July 15th. Finally, Deutsche Bank AG reiterated a “buy” rating on shares of Syngenta AG in a report on Tuesday, August 23rd. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $90.10.

The firm’s 50-day moving average is $81.07 and its 200 day moving average is $80.82. The company has a market cap of $40.55 billion and a price-to-earnings ratio of 34.37.

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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