How and Why Deere & Company Stock Crushed It in November
Agricultural equipment manufacturer Deere & Company (NYSE: DE) soared 12.8% in November on the back of a strong set of fourth-quarter earnings and a positive outlook for 2018. It's been a difficult few years for the company but 2017 marked the passing of a trough in revenue and earnings and Deere looks set for an upswing in the agricultural machinery cycle.
Deere is starting to see order growth for its large equipment machinery. Image source: © Deere & Company.
Here's a quick recap of the full-year earnings compared to the full-year guidance given on the third-quarter earnings call alongside the formal guidance for full-year 2018.
Source: Fool.com
Deere Co. Aktie
356,25 €
1,80 %
Die Community zeigt eindeutige Unterstützung für Deere Co. mit mehreren Buy-Einschätzungen und keinen Sell-Einschätzungen.
Ein Kursziel von 408 € für Deere Co. impliziert ein leicht positives Wachstum gegenüber dem aktuellen Kurs von 356.25 €.
