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. Stock
€381.75
0.070%
With 17 Buy predictions and not the single Sell prediction the community is currently very high on Deere Co..
With a target price of 422 € there is a slightly positive potential of 10.54% for Deere Co. compared to the current price of 381.75 €.
