Syngenta AG (NYSE:SYT) shares 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 trading hands.

SYT has been the topic of a number of recent analyst reports. Raymond James Financial Inc. upgraded Syngenta AG from a “mkt perform” rating to an “outperform” rating in a research report on Friday, July 15th. Zacks Investment Research upgraded Syngenta AG from a “sell” rating to a “hold” rating in a research report on Wednesday, May 25th. Deutsche Bank AG reiterated a “buy” rating on shares of Syngenta AG in a research report on Tuesday, August 23rd. Finally, Jefferies Group reiterated a “buy” rating on shares of Syngenta AG in a research report on Thursday, May 19th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $90.10.

The stock has a market cap of $40.29 billion and a P/E ratio of 34.16. The firm has a 50 day moving average of $80.77 and a 200-day moving average of $80.76.

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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