ValuEngine upgraded shares of Adecoagro (NYSE:AGRO) from a strong sell rating to a sell rating in a research report released on Tuesday.

Other equities analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Adecoagro from a hold rating to a strong-buy rating and set a $10.00 price objective for the company in a research report on Monday, July 30th. Credit Suisse Group reiterated a neutral rating and set a $11.00 target price on shares of Adecoagro in a research report on Friday, July 27th. Finally, Santander initiated coverage on shares of Adecoagro in a research report on Tuesday, July 17th. They set a buy rating for the company. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $10.00.

AGRO stock opened at $7.89 on Tuesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.51 and a quick ratio of 1.46. Adecoagro has a 12 month low of $6.93 and a 12 month high of $10.91. The company has a market capitalization of $976.05 million, a PE ratio of 9.57 and a beta of 1.02.

Adecoagro (NYSE:AGRO) last released its quarterly earnings data on Thursday, August 16th. The company reported $0.77 EPS for the quarter. Adecoagro had a negative net margin of 2.53% and a positive return on equity of 15.85%. The company had revenue of $215.92 million during the quarter. Equities research analysts predict that Adecoagro will post 0.81 EPS for the current year.

A number of institutional investors have recently made changes to their positions in the business. 683 Capital Management LLC lifted its position in Adecoagro by 16.7% during the second quarter. 683 Capital Management LLC now owns 350,000 shares of the company’s stock valued at $2,783,000 after purchasing an additional 50,000 shares during the last quarter. California Public Employees Retirement System bought a new stake in Adecoagro during the second quarter valued at approximately $186,000. Millennium Management LLC lifted its position in Adecoagro by 48.1% during the second quarter. Millennium Management LLC now owns 239,628 shares of the company’s stock valued at $1,905,000 after purchasing an additional 77,852 shares during the last quarter. Point72 Asset Management L.P. lifted its position in Adecoagro by 89.5% during the second quarter. Point72 Asset Management L.P. now owns 1,013,207 shares of the company’s stock valued at $8,055,000 after purchasing an additional 478,607 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd lifted its position in Adecoagro by 306.7% during the second quarter. Dynamic Technology Lab Private Ltd now owns 77,261 shares of the company’s stock valued at $615,000 after purchasing an additional 58,264 shares during the last quarter. Institutional investors and hedge funds own 37.61% of the company’s stock.

About Adecoagro

Adecoagro SA, an agricultural company, engages in farming crops and other agricultural products, dairy operations, sugar, ethanol and energy production, and land transformation activities in South America. The company engages in the planting, harvesting, and sale of grains, oilseeds, and fibers including wheat, corn, soybeans, cotton, sunflowers, and other; provision of grain warehousing/conditioning, handling, and drying services to third parties; and purchase and sale of crops produced by third parties.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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