Monsanto Company (NYSE:MON) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Saturday.

MON has been the topic of several other research reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $128.00 price objective (up previously from $120.00) on shares of Monsanto in a research note on Thursday, June 29th. Zacks Investment Research raised Monsanto from a “hold” rating to a “buy” rating and set a $132.00 price objective on the stock in a research note on Friday, June 16th. Jefferies Group LLC downgraded Monsanto from a “buy” rating to a “hold” rating and set a $128.00 price objective on the stock. in a research note on Wednesday, July 12th. Vetr raised Monsanto from a “hold” rating to a “buy” rating and set a $122.35 price objective on the stock in a research note on Wednesday, July 12th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and set a $126.00 price objective (up previously from $125.00) on shares of Monsanto in a research note on Monday, July 10th. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $123.15.

Shares of Monsanto (NYSE MON) traded down 0.20% on Friday, hitting $116.87. The stock had a trading volume of 2,081,472 shares. The firm has a 50 day moving average price of $117.38 and a 200 day moving average price of $115.36. Monsanto has a one year low of $97.35 and a one year high of $118.97. The company has a market capitalization of $51.34 billion, a P/E ratio of 25.24 and a beta of 1.07.

Monsanto (NYSE:MON) last issued its quarterly earnings data on Wednesday, June 28th. The basic materials company reported $1.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.74 by $0.19. The business had revenue of $4.23 billion for the quarter, compared to the consensus estimate of $4.18 billion. Monsanto had a return on equity of 45.26% and a net margin of 14.11%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.17 EPS. On average, equities research analysts predict that Monsanto will post $4.89 earnings per share for the current fiscal year.

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In related news, EVP Steven Mizell sold 11,300 shares of Monsanto stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $118.57, for a total transaction of $1,339,841.00. Following the completion of the transaction, the executive vice president now owns 55,011 shares in the company, valued at $6,522,654.27. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Janet M. Holloway sold 3,337 shares of Monsanto stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $118.00, for a total value of $393,766.00. Following the transaction, the senior vice president now owns 44,405 shares of the company’s stock, valued at approximately $5,239,790. The disclosure for this sale can be found here. Insiders sold a total of 74,470 shares of company stock valued at $8,791,281 in the last 90 days. 0.79% of the stock is owned by corporate insiders.

A number of institutional investors have recently bought and sold shares of MON. Vanguard Group Inc. boosted its position in Monsanto by 2.6% in the second quarter. Vanguard Group Inc. now owns 30,725,725 shares of the basic materials company’s stock worth $3,636,697,000 after buying an additional 784,418 shares during the last quarter. BlackRock Inc. boosted its position in Monsanto by 6.5% in the second quarter. BlackRock Inc. now owns 27,898,255 shares of the basic materials company’s stock worth $3,302,038,000 after buying an additional 1,705,439 shares during the last quarter. State Street Corp boosted its position in Monsanto by 0.6% in the second quarter. State Street Corp now owns 20,276,780 shares of the basic materials company’s stock worth $2,399,965,000 after buying an additional 122,814 shares during the last quarter. Massachusetts Financial Services Co. MA boosted its position in Monsanto by 3.6% in the first quarter. Massachusetts Financial Services Co. MA now owns 14,299,502 shares of the basic materials company’s stock worth $1,618,703,000 after buying an additional 499,639 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Monsanto by 0.7% in the second quarter. Northern Trust Corp now owns 7,092,929 shares of the basic materials company’s stock worth $839,519,000 after buying an additional 47,725 shares during the last quarter. Institutional investors and hedge funds own 75.28% of the company’s stock.

About Monsanto

Monsanto Company (Monsanto), along with its subsidiaries, is a provider of agricultural products for farmers. The Company provides seeds, biotechnology trait products, herbicides and digital agriculture tools to farmers. The Company operates through two segments: Seeds and Genomics, and Agricultural Productivity.

Analyst Recommendations for Monsanto (NYSE:MON)

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