Corteva (NYSE:CTVA) Price Target Raised to $95.00

Corteva (NYSE:CTVA) had its price target hoisted by analysts at Jefferies Financial Group from $85.00 to $95.00 in a research report issued on Monday,MarketScreener reports. The firm presently has a “buy” rating on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 18.41% from the company’s current price.

A number of other research analysts have also commented on CTVA. Weiss Ratings reissued a “hold (c-)” rating on shares of Corteva in a report on Monday, December 29th. Oppenheimer set a $86.00 price target on Corteva in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft boosted their price objective on Corteva from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. BNP Paribas Exane raised their price target on Corteva from $70.00 to $72.00 and gave the stock a “neutral” rating in a research report on Monday, November 17th. Finally, JPMorgan Chase & Co. downgraded Corteva from an “overweight” rating to a “neutral” rating and upped their price objective for the company from $75.00 to $77.00 in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $82.80.

Corteva Price Performance

NYSE:CTVA traded up $0.11 during midday trading on Monday, hitting $80.23. 391,673 shares of the stock were exchanged, compared to its average volume of 4,015,417. The company has a current ratio of 1.43, a quick ratio of 0.96 and a debt-to-equity ratio of 0.07. The business has a 50-day moving average price of $71.91 and a two-hundred day moving average price of $68.79. Corteva has a one year low of $53.40 and a one year high of $80.22. The company has a market capitalization of $53.95 billion, a price-to-earnings ratio of 50.84, a P/E/G ratio of 2.74 and a beta of 0.75.

Corteva (NYSE:CTVA) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.22 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.22. The firm had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $4.23 billion. Corteva had a return on equity of 9.06% and a net margin of 6.29%.Corteva’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.32 EPS. Corteva has set its FY 2026 guidance at 3.450-3.700 EPS. Sell-side analysts predict that Corteva will post 2.96 EPS for the current year.

Insider Transactions at Corteva

In related news, insider Brian Titus sold 8,311 shares of Corteva stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $76.55, for a total transaction of $636,207.05. Following the sale, the insider directly owned 8,090 shares in the company, valued at $619,289.50. This trade represents a 50.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.14% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Corteva

Large investors have recently added to or reduced their stakes in the business. Chilton Capital Management LLC lifted its stake in Corteva by 18.1% during the 3rd quarter. Chilton Capital Management LLC now owns 445,350 shares of the company’s stock worth $30,119,000 after acquiring an additional 68,380 shares in the last quarter. TriaGen Wealth Management LLC acquired a new stake in Corteva in the 3rd quarter valued at about $4,284,000. Truist Financial Corp grew its position in shares of Corteva by 4.5% during the third quarter. Truist Financial Corp now owns 321,913 shares of the company’s stock worth $21,771,000 after buying an additional 13,910 shares in the last quarter. New York State Teachers Retirement System grew its holdings in Corteva by 4.5% during the 3rd quarter. New York State Teachers Retirement System now owns 551,389 shares of the company’s stock worth $37,290,000 after acquiring an additional 23,548 shares in the last quarter. Finally, Alberta Investment Management Corp acquired a new stake in Corteva in the third quarter valued at $5,018,000. Hedge funds and other institutional investors own 81.54% of the company’s stock.

Corteva Company Profile

Corteva, Inc (NYSE: CTVA) is an independent global agriculture company that was established as a publicly traded firm in mid‑2019 following the separation of the agriculture businesses from DowDuPont. The company focuses on delivering technologies and products that help farmers increase productivity and manage crop health. Corteva’s operations combine seed genetics, crop protection chemistries, digital tools and biological solutions to address the full cycle of crop production.

Core business activities include research and development of seed genetics and trait technologies, formulation and sale of crop protection products (such as herbicides, insecticides and fungicides), and the development of seed treatments and biologicals.