Analysts Lift Archer-Daniels-Midland Targets to $68, $63 and $61
Barclays raised its price target on Archer-Daniels-Midland to $68 from $61 and maintained an Equal Weight rating, while BMO lifted its target to $63 from $57 with a Market Perform rating. JPMorgan lifted to $61 from $60 with Underweight rating, citing EPS outlook concerns despite favorable biofuel blending quota assumptions.
1. Barclays Raises Price Target
Barclays raised its price target on Archer-Daniels-Midland to $68 from $61 and maintained an Equal Weight rating, highlighting improved clarity on renewable volume obligations and stronger biofuel blending fundamentals.
2. BMO and JPMorgan Updates
BMO boosted its forecast to $63 from $57 with Market Perform status after Q4 results showed volume growth, while JPMorgan edged its target to $61 from $60 but retained an Underweight rating due to EPS visibility concerns.
3. Outlook and Risks
Analyst revisions underscore confidence in ADM’s sugar and biofuel segments, yet persistent profit margin pressures and regulatory shifts in blending mandates could constrain EPS growth, warranting close monitoring of upcoming quarterly performance and fuel policy updates.