UBS Group Begins Coverage on Corteva (NASDAQ:CTVA)

Stock analysts at UBS Group initiated coverage on shares of Corteva (NASDAQ:CTVA) in a research note issued to investors on Tuesday, June 4th, MarketBeat reports. The firm set a “buy” rating and a $38.00 price target on the stock. UBS Group’s target price indicates a potential upside of 28.51% from the stock’s current price.

CTVA has been the subject of several other research reports. BMO Capital Markets started coverage on Corteva in a report on Sunday, June 2nd. They issued an “outperform” rating and a $37.00 price objective for the company. Jefferies Financial Group began coverage on Corteva in a report on Wednesday, May 29th. They issued a “buy” rating for the company. SunTrust Banks began coverage on Corteva in a research note on Monday, June 3rd. They issued a “hold” rating and a $29.00 target price for the company. Citigroup began coverage on Corteva in a research note on Monday, June 3rd. They issued a “neutral” rating and a $29.00 target price for the company. Finally, Goldman Sachs Group began coverage on Corteva in a research note on Monday, June 3rd. They issued a “neutral” rating and a $29.00 target price for the company. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $31.27.

Shares of Corteva stock remained flat at $$29.57 during trading hours on Tuesday. The stock had a trading volume of 15,517,796 shares, compared to its average volume of 9,500,546. Corteva has a 1 year low of $24.35 and a 1 year high of $32.00.

In other news, Director Gregory R. Page bought 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was bought at an average price of $25.49 per share, for a total transaction of $50,980.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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Analyst Recommendations for Corteva (NASDAQ:CTVA)

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