Farmers Edge (OTC:FMEGF – Get Rating) had its price target dropped by analysts at Canaccord Genuity Group from C$1.00 to C$0.40 in a research report issued on Wednesday, The Fly reports. The brokerage currently has a “hold” rating on the stock.
Several other research firms have also recently weighed in on FMEGF. National Bank Financial reduced their price target on shares of Farmers Edge from C$1.00 to C$0.50 in a report on Thursday, October 20th. CIBC dropped their price target on shares of Farmers Edge from C$3.00 to C$1.00 in a research report on Tuesday, August 16th.
Farmers Edge Stock Performance
Shares of Farmers Edge stock opened at $0.32 on Wednesday. The firm’s 50-day simple moving average is $0.39 and its 200-day simple moving average is $1.10. Farmers Edge has a twelve month low of $0.32 and a twelve month high of $4.18.
Farmers Edge Company Profile
Farmers Edge Inc develops digital agriculture solutions in Canada, the United States, Brazil, Australia, Russia, and Ukraine. It offers FarmCommand, a cloud-based analytics software platform that provides real-time monitoring, alerts, predictive models, and outcome-based data recommendations offered through web-based platform, mobile app, and universal terminal.
- Get a free copy of the StockNews.com research report on Farmers Edge (FMEGF)
- Verra Mobility Stock Has Returned Back to the Station
- Does ASML’s November Rally Have Staying Power?
- Is Advance Auto Parts a Buy After its Earnings Crash?
- BJ’s Wholesale Club: Beware The Sell-Side
- The Next Catalyst For Mullen Automotive Stock Is December 23rd
Receive News & Ratings for Farmers Edge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Farmers Edge and related companies with MarketBeat.com's FREE daily email newsletter.