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Deutsche Bank Reaffirms GBX 300.00 TP On Convatec Group Plc (LON:CTEC), Reaffirms “Buy” Rating; Agco (AGCO) SI Decreased By 11.43%

Agco Corporation (NYSE:AGCO) had a decrease of 11.43% in short interest. AGCO’s SI was 6.61M shares in March as released by FINRA. Its down 11.43% from 7.47M shares previously. With 811,600 avg volume, 8 days are for Agco Corporation (NYSE:AGCO)’s short sellers to cover AGCO’s short positions. The SI to Agco Corporation’s float is 11.01%. The stock increased 0.74% or $0.45 on March 3, reaching $61.44. About shares traded. AGCO Corporation (NYSE:AGCO) has risen 28.11% since July 28, 2016 and is uptrending. It has outperformed by 18.29% the S&P500.

Deutsche Bank currently has a GBX 300.00 target price per share on the 4.78B GBP market cap company or 18.65% upside potential. In analysts note revealed to clients on 6 March, Convatec Group Plc (LON:CTEC) stock had its “Buy” Rating maintained by investment analysts at Deutsche Bank.

About 845,999 shares traded. ConvaTec Group PLC (LON:CTEC) has risen 6.00% since February 4, 2017 and is uptrending. It has underperformed by 3.82% the S&P500.

Among 7 analysts covering Convatec Group Plc (LON:CTEC), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. Convatec Group Plc has GBX 310 highest and GBX 250 lowest target. GBX 294.29’s average target is 15.14% above currents GBX 255.6 stock price. Convatec Group Plc had 14 analyst reports since December 5, 2016 according to SRatingsIntel. Goldman Sachs maintained ConvaTec Group PLC (LON:CTEC) on Tuesday, December 6 with “Buy” rating. The rating was maintained by Peel Hunt with “Buy” on Friday, February 24. Credit Suisse maintained ConvaTec Group PLC (LON:CTEC) on Friday, March 3 with “Neutral” rating. The stock of ConvaTec Group PLC (LON:CTEC) earned “Overweight” rating by JP Morgan on Wednesday, January 4. The rating was maintained by Deutsche Bank on Monday, February 27 with “Buy”. The firm has “Buy” rating by Peel Hunt given on Thursday, March 2. As per Monday, March 6, the company rating was maintained by Deutsche Bank. The stock of ConvaTec Group PLC (LON:CTEC) earned “Buy” rating by HSBC on Thursday, January 19. The firm has “Neutral” rating given on Tuesday, December 6 by Credit Suisse. The stock of ConvaTec Group PLC (LON:CTEC) has “Overweight” rating given on Friday, March 3 by JP Morgan.

ConvaTec Group Plc is a medical product and technology company. The company has market cap of 4.78 billion GBP. The Firm focuses on therapies for the management of chronic conditions, including products used for advanced chronic and acute wound care, ostomy care, continence and critical care and infusion devices used in the treatment of diabetes and other conditions. It currently has negative earnings. It operates across market franchises, such as Advanced Wound Care, which provides advanced wound dressings and skin care products; Ostomy Care, which provides devices, accessories and services for people with a stoma, resulting from colorectal cancer, inflammatory bowel disease, bladder cancer, obesity and other causes; Continence and Critical Care, which provides products for people with urinary continence issues related to spinal cord injuries, multiple sclerosis, spina bifida and other causes, and Infusion Devices, which provide disposable infusion sets.

Investors sentiment decreased to 0.74 in 2016 Q4. Its down 0.13, from 0.87 in 2016Q3. It dived, as 30 investors sold AGCO Corporation shares while 133 reduced holdings. 39 funds opened positions while 81 raised stakes. 68.10 million shares or 2.92% less from 70.15 million shares in 2016Q3 were reported. Boothbay Fund Management Ltd Liability holds 4,265 shares. Riverhead Cap Ltd Com owns 0.01% invested in AGCO Corporation (NYSE:AGCO) for 2,100 shares. Voloridge Mngmt Limited Liability Co accumulated 0.06% or 51,991 shares. Intrust Commercial Bank Na invested in 6,958 shares. Thrivent Fincl For Lutherans owns 1.15 million shares for 0.3% of their portfolio. Macquarie Gp holds 0% in AGCO Corporation (NYSE:AGCO) or 4,800 shares. Parametric Port Assocs Ltd owns 382,441 shares. Ngam Advisors Lp accumulated 0.02% or 24,990 shares. 136,377 are owned by Sei Investments. Independent Consultants Inc accumulated 31,486 shares or 0.6% of the stock. John G Ullman Assocs accumulated 0.94% or 77,200 shares. Seizert Capital Prtn Limited Liability Corp reported 700,766 shares. Jefferies Grp Limited Liability Corporation reported 12,383 shares. Hsbc Holdg Public Ltd Liability Corporation holds 0.01% or 91,703 shares. Dalton Greiner Hartman Maher And Company has invested 0.63% in AGCO Corporation (NYSE:AGCO).

AGCO Corporation is a manufacturer and distributor of agricultural equipment and related replacement parts around the world. The company has market cap of $4.92 billion. The Firm sells a range of agricultural equipment, including tractors, combines, self-propelled sprayers, hay tools, forage equipment, seeding and tillage, implements, and grain storage and protein production systems. It has a 31.21 P/E ratio. The Company’s divisions include North America, South America, Europe/Africa/Middle East, and Asia/Pacific.

Since November 14, 2016, it had 0 insider purchases, and 3 selling transactions for $550,496 activity. COLLAR GARY L sold 2,309 shares worth $122,377. 5,218 shares valued at $336,089 were sold by SMITH RICHARD ROBINSON on Monday, February 13. Crain Robert B had sold 1,500 shares worth $92,030 on Friday, February 24.

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