Alert: Positive Investment/Fundamental Signals (12/11/23)-Adecoagro SA (NYSE: AGRO)


Recent meaningful positive changes in investment behavior have benefitted Adecoagro SA (NYSE: AGRO): its shorter term price trend turned up.

Adecoagro SA (NYSE: AGRO) has recently enjoyed significant positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, the consensus estimate for December, 2023 increased significantly, and significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, AGRO is expected to continue to be a Value Builder.

Adecoagro has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Adecoagro has a very high Appreciation Score of 90 and a very high Power Rating of 94, with the Highest Value Trend Rating the result.

Recent Price Action

Adecoagro SA (NYSE: AGRO) stock enjoyed a large increase of 4.8% on 12/11/23. The stock closed at $10.94. Moreover, unusually high trading volume at 181% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -2.3% during the last week.

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