| Syngenta (SYT) Upgraded to Buy on Strong Growth Drivers | |
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Zacks Investment Research upgraded Syngenta AG SYT to a Zacks Rank #2 (Buy) from a Zacks Rank #3 (Hold) on Jan 12, 2016. Going by the Zacks model, stocks carrying a Zacks Rank #2 are likely to outperform the broader market over the next few quarters.
Why the Upgrade? Despite an unfavorable trading environment, Syngenta has been strategically improving its business on the back of greater liquidity. Through its new Accelerating Operational Leverage program, the company intends to generate adequate free cash flow for financing future investment plans. By 2018, Syngenta targets an EBITDA margin within 24–26%. We expect the company’s innovation-based growth strategy to help it enhance the top- and bottom-line results in the quarters ahead. Also, weakening prices of energy resources have been acting as a tailwind for agricultural stocks. Lower oil prices are reducing the expenses of agricultural product marketing, eventually lowering the prices of food items. Under such circumstances, agricultural companies such as Syngenta will likely experience greater demand for its products, and hence generate higher revenues and earnings in the upcoming quarters. At the same time, the company’s participation in numerous social welfare programs continues to strengthen its brand recognition over time. Other Stocks to Consider
Other well-ranked stocks in the industry include Agnico Eagle Mines Limited AEM, Green Plains Inc. GPRE and AngloGold Ashanti Ltd. AU. All three stocks hold a Zacks Rank #2, the same as Syngenta.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ANGLOGOLD LTD (AU): Free Stock Analysis Report AGNICO EAGLE (AEM): Free Stock Analysis Report GREEN PLAINS (GPRE): Free Stock Analysis Report SYNGENTA AG-ADR (SYT): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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PRODUCER |
CODE : AU |
ISIN : US0351282068 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
AngloGold is a gold producing company based in . AngloGold produces gold, copper, silver and zinc in Argentina, in Australia, in Brazil, in Canada, in Ghana, in Guinea, in Mali, in Namibia, in South Africa and in Tanzania, develops gold and iron in Australia, in Brazil, in Colombia, in Congo Dem. Rep. of and in South Africa, and holds various exploration projects in Philippines. Its main assets in production are CRIXÁS, MINERAÇÃO, SAO BENTO, ANGLOGOLD ASHANTI MINERAÇAO and CRIXAS MINE in Brazil, SUNRISE DAM GOLD MINE in Australia, NAVACHAB MINE and NAVACHAB in Namibia, YATELA, MORILA and SADIOLA in Mali, CERRO VANGUARDIA in Argentina, MPONENG (WESTERN DEEP NO. 1 SHAFT), TAUTONA (WESTERN DEEP NO.3 SHAFT), BAMBANANI, TAU LEKOA, MPONENG, SAVUKA, TAU TONA, GREAT NOLIGWA, KOPANANG and CRIPPLE CREEK & VICTOR (CRESSON MINE) in South Africa, SIGUIRI in Guinea, TEBEREBIE, IDUAPRIEM, OBUASI and KUBI in Ghana, GEITA in Tanzania and TROUT LAKE MINE and CALLINAN MINE in Canada, its main assets in development are MOAB KHOTSONG in South Africa, MINAS-RIO in Brazil, LA COLOSA and GRAMALOTE in Colombia, KIBALI (KILO-MOTO) in Congo Dem. Rep. of and TROPICANA in Australia and its main exploration properties are HUALATAN and ER in Peru, MKURUMU in Tanzania, 777 PROJECT and RIVARD in Canada, LOUBOUGOULA, GOODPASTER and ALAMOUTALA (SADIOLA II) in Mali, BAMBADJI in Senegal, MORRO VELHO in Brazil and SIANA in Philippines. AngloGold is listed in Australia, in Germany and in United States of America. Its market capitalisation is US$ 9.7 billions as of today (€ 9.1 billions). Its stock quote reached its lowest recent point on November 23, 2018 at US$ 10.00, and its highest recent level on April 26, 2024 at US$ 23.78. AngloGold has 409 109 984 shares outstanding. |