Deere & Company traded at $589.41 this Tuesday June 16th, increasing $13.94 or 2.42 percent since the previous trading session. Looking back, over the last four weeks, Deere & Company gained 4.41 percent. Over the last 12 months, its price rose by 12.67 percent. Looking ahead, we forecast Deere & Company to be priced at 565.76 by the end of this quarter and at 532.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Deere & Company is engaged in equipment operations. The Company is engaged in providing financial services. The Company operates through three business segments: agriculture and turf, construction and forestry, and financial services. The agriculture and turf segment manufactures and distributes a line of agriculture and turf equipment and related service parts. The construction and forestry segment manufactures and distributes a range of machines and service parts. The financial services segment primarily finances sales and leases by the Company dealers of new and used agriculture and turf equipment and construction and forestry equipment. The financial services segment also provides wholesale financing to dealers of the foregoing equipment, finances retail revolving charge accounts and offers extended equipment warranties.