On Nov 22, major Wall Street analysts update their ratings for $Deere (DE.US)$, with price targets ranging from $410 to $538.
Citi analyst Kyle Menges maintains with a hold rating, and adjusts the target price from $420 to $410.
Barclays analyst Adam Seiden maintains with a buy rating, and adjusts the target price from $400 to $475.
UBS analyst Steven Fisher maintains with a hold rating, and adjusts the target price from $408 to $462.
Baird analyst Mircea Dobre maintains with a buy rating, and maintains the target price at $440.
Oppenheimer analyst Kristen Owen maintains with a buy rating, and maintains the target price at $448.
Furthermore, according to the comprehensive report, the opinions of $Deere (DE.US)$'s main analysts recently are as follows:
There were few surprises in the recent quarterly earnings and guidance. Despite ongoing challenges expected into early FY25, the company has effectively positioned itself to align production with retail demand amidst rapidly evolving market conditions.
Deere's shares are anticipated to command a premium over the core market valuation as the "trough" math becomes evident. Nonetheless, the forecast for Deere being heavily weighted towards the second half of fiscal 2025 might carry some downside risks rather than expectations of outperformance.
The cyclical framework aligns with Deere's guide with Brazil stabilizing and a positive pricing outlook for 2025.
Production adjustments are currently resulting in desired outcomes, with dealer destocking observable in both the agricultural and construction sectors. Analysts note that projections for the 2025 North America Large Agriculture sector suggest a further 30% decrease, potentially setting industry volumes at multi-decade lows, with small tractor volumes hitting a 10-year low. Despite these challenges, it is expected that Deere will achieve significantly higher margins and earnings compared to previous cycles, enhancing the usual cyclical multiple expansion based on fundamental troughs.
Here are the latest investment ratings and price targets for $Deere (DE.US)$ from 6 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
美东时间11月22日，多家华尔街大行更新了$迪尔股份 (DE.US)$的评级，目标价介于410美元至538美元。
花旗分析师Kyle Menges维持持有评级，并将目标价从420美元下调至410美元。
巴克莱银行分析师Adam Seiden维持买入评级，并将目标价从400美元上调至475美元。
瑞士银行分析师Steven Fisher维持持有评级，并将目标价从408美元上调至462美元。
贝雅分析师Mircea Dobre维持买入评级，维持目标价440美元。
奥本海默控股分析师Kristen Owen维持买入评级，维持目标价448美元。
此外，综合报道，$迪尔股份 (DE.US)$近期主要分析师观点如下：
最近季度收益和指引并没有太多意外。尽管预计在2025财年初期仍将面临持续挑战，但该公司已成功使生产与零售需求保持一致，以应对快速变化的市场条件。
迪尔股份的股票预计将在核心市场估值之上保持溢价，随着“槽底”数学变得明显。然而，尽管迪尔股份预测在2025财年下半年占比较重，但可能存在一些下行风险，而不是超出预期的预期。
循环框架与迪尔股份的指引一致，巴西稳定，并且2025年具有积极的价格前景。
目前的生产调整正在产生预期的效果，经销商去库存在农业和施工两个板块中都可以观察到。分析师指出，对于2025年北美大型农业板块的预测表明进一步减少30%，可能使行业产量降至数十年来的低点，小型拖拉机产量达到10年来的新低。尽管面临这些挑战，预计迪尔股份将实现较以往周期更高的利润率和收益，根据基本低点进行典型的周期性多重扩张。
以下为今日6位分析师对$迪尔股份 (DE.US)$的最新投资评级及目标价：
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
