Dividend Daily RSS Feed RSS
Dividend Stocks

The Dividend Daily

Dividend stocks - News, notes, updates, and analysis, delivered fresh daily

Archer Daniels Upgraded at BMO Capital (ADM)

By
November 20th, 2012

Archer Daniels Upgraded at BMO Capital (ADM)

Try Dividend.com Premium for FREE »

BMO Capital reported on Tuesday that they have upgraded agricultural company, Archer Daniels Midland Company(ADM) to “Outperform”.

The firm announced that they have upgraded ADM from “Market Perform” to “Outperform,” and have given the company a price target of $32. This price target suggests a 19% increase over the stock’s current price of $25.79.

Archer Daniels shares were up 30 cents, or 1.17% during Tuesday morning trading. The stock is down 9.93% YTD.

The Bottom Line
Shares of Archer Daniels Midland (ADM) have a 2.74% dividend yield, based on last night’s closing stock price of $25.55. The stock has technical support in the $23-$24 price area. If the shares can firm up, we see overhead resistance around the $27-$29 price levels.

Archer Daniels Midland Company(ADM) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

5 Rules of Winning Dividend Investing

FREE Dividend Stock Newsletter

Get the Dividend.com email newsletter to receive:

  • A free copy of our acclaimed report, 5 Rules of Winning Dividend Stock Investing
  • Free daily investing tips and picks from Dividend.com CEO Paul Rubillo
  • Tons of great market analysis and recommendations

Your Email

No Thanks

Free Dividend Newsletter

Get free dividend tips, analysis and updates straight to your inbox

Most Popular Articles MOST POPULAR ARTICLES ON DIVIDEND.COM
Comments on this Article COMMENTS ON THIS ARTICLE

Comments are closed.

About This Article ABOUT THIS ARTICLE

You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.