AGCO traded at $119.62 this Wednesday June 3rd, increasing $1.22 or 1.03 percent since the previous trading session. Looking back, over the last four weeks, AGCO gained 1.37 percent. Over the last 12 months, its price rose by 19.93 percent. Looking ahead, we forecast AGCO to be priced at 110.05 by the end of this quarter and at 103.61 in one year, according to Trading Economics global macro models projections and analysts expectations.
AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts. The Company sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage equipment, implements, and grain storage and protein production systems. The Company's segments are North America, South America, Europe/Middle East, and Asia/Pacific/Africa. The Company's products are marketed under various brands, including Challenger, Fendt, GSI, Massey Ferguson and Valtra. As of December 31, 2016, the Company distributed its products through over 3,000 independent dealers and distributors in more than 150 countries. In addition, the Company also provides retail and wholesale financing through its finance joint ventures with Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A. (Rabobank). The Company's AGCO Power engines division produces diesel engines, gears and generating sets.