Pre-Market Technical Scan on Farm & Construction Machinery Equities -- Deere, Terex, Manitowoc, and AGCO Corp.
NEW YORK, December 11, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on DE, TEX, MTW, and AGCO which is a click away at http://www.wallstequities.com/registration. On Friday, December 08, 2017, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of last Friday's session. The NASDAQ Composite ended the day at 6,840.08, up 0.40%; the Dow Jones Industrial Average edged 0.49% higher, to finish at 24,329.16; and the S&P 500 closed at 2,651.50, up 0.55%. This Monday morning, WallStEquities.com looks at the performance of these four Farm & Construction Machinery stocks: Deere & Co. (NYSE: DE), Terex Corp. (NYSE: TEX), The Manitowoc Co. Inc. (NYSE: MTW), and AGCO Corp. (NYSE: AGCO). Get your free stock reports on these stocks by registering now on Wall St. Equities at:
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Deere
On Friday, shares in Moline, Illinois headquartered Deere & Co. recorded a trading volume of 1.05 million shares. The stock ended the session 0.31% higher at $151.58. The Company's shares have gained 12.58% in the last month, 28.53% over the previous three months, 45.86% in the past twelve months, and 47.11% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 12.27% and 23.65%, respectively. Moreover, shares of Deere, which together with its subsidiaries, manufactures and distributes agriculture and turf, and construction and forestry equipment worldwide, have a Relative Strength Index (RSI) of 79.22.
On November 24th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $134 a share to $155 a share. Get started with a complimentary subscription and access to the free report on DE at:
http://www.wallstequities.com/registration/?symbol=DE
Terex
Westport, Connecticut-based Terex Corp.'s stock closed the day 0.89% higher at $46.32 with a total trading volume of 749,986 shares. The Company's shares have advanced 15.66% in the previous three months, 43.23% over the last twelve months, and 46.91% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.63% and 21.68%, respectively. Additionally, shares of Terex, which manufactures and sells lifting and material processing products worldwide, have an RSI of 54.88. Free research on TEX can be accessed at:
http://www.wallstequities.com/registration/?symbol=TEX
Manitowoc
Shares in Wisconsin-based The Manitowoc Co. Inc. recorded a trading volume of 312,710 shares. The stock ended last Friday's trading session 0.78% lower at $40.48. The Company's shares have advanced 25.71% over the previous three months, 63.75% in the past twelve months, and 69.23% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.84% and 40.48%, respectively. Furthermore, shares of Manitowoc, which provides engineered lifting equipment for the construction industry worldwide, have an RSI of 55.52.
On November 20th, 2017, research firm Seaport Global Securities upgraded the Company's stock rating from 'Neutral' to 'Buy', with a target price of $48 per share. Sign up today for the free research report on MTW at:
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AGCO Corp.
Duluth, Georgia headquartered AGCO Corp.'s stock finished Friday's session 0.96% higher at $72.46 with a total trading volume of 872,827 shares, which was above their three months average volume of 651.56 thousand shares. The Company's shares have advanced 19.45% in the past twelve months and 25.23% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.97% and 8.03%, respectively. Additionally, shares of AGCO, which manufactures and distributes agricultural equipment and related replacement parts worldwide, have an RSI of 57.60.
On December 01st, 2017, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'. Wall St. Equities' research coverage also includes the downloadable free report on AGCO at:
http://www.wallstequities.com/registration/?symbol=AGCO
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