FMC Corp Gets a Buy Rating from Jefferies

By Austin Angelo

In a report released yesterday, Laurence Alexander from Jefferies reiterated a Buy rating on FMC Corp (NYSE: FMC), with a price target of $100. The company’s shares closed yesterday at $89.56, close to its 52-week high of $90.68.

According to, Alexander is a top 100 analyst with an average return of 13.8% and a 71.0% success rate. Alexander covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and GCP Applied Technologies.

Currently, the analyst consensus on FMC Corp is Moderate Buy and the average price target is $91.80, representing a 2.5% upside.

In a report issued on August 31, Merrill Lynch also assigned a Buy rating to the stock with a $103 price target.

FMC Corp’s market cap is currently $12.01B and has a P/E ratio of 271.89. The company has a book value ratio of 5.9707.

Based on the recent corporate insider activity of 67 insiders, corporate insider sentiment is neutral on the stock. Last month, Andrea Utecht, the Exec. VP, General Counsel, Sec of FMC sold 14,174 shares for a total of $1,190,616.

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FMC Corp. engages in the provision of innovative solutions, applications, and products for the agricultural, industrial, and consumer markets. It operates through the following segments: FMC Agricultural Solutions, FMC Health and Nutrition, and FMC Lithium.