AGRO Stock Recent News

Here is how Adecoagro (AGRO) and B&G Foods (BGS) have performed compared to their sector so far this year.

Adecoagro (AGRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BP, CHX and AGRO have been added to the Zacks Rank #5 (Strong Sell) List on February 23, 2024.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

I rate Adecoagro S.A. a Hold with a price target of $14.41, representing a 30% potential upside. The company has diversified its income sources away from sugar and ethanol, but a heavy downturn in sugar prices remains a concern. On a comparable basis to other South American agriculture stocks, AGRO looks cheap.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.