Archer-Daniels-Midland Company (NYSE:ADM) is included among the 15 Best Consistent Dividend Stocks to Buy Right Now.
On April 6, Jefferies raised its price recommendation on Archer-Daniels-Midland Company (NYSE:ADM) to $77 from $65. It reiterated a Hold rating on the shares. The firm sees Q1 as the low point. It expects Q1 EPS of 70c and EBITDA of $859M, both in line with consensus. It also believes higher crush margins and biofuel policy deferral margins should support Agriculture Services and Oilseeds starting in Q2. E15 and 45Z are expected to support growth in Carbohydrate Nutrition, though the extent of that growth remains unclear, the analyst said in a research note.
Earlier, on March 24, JPMorgan raised its price objective on Archer Daniels to $65 from $61 and maintained an Underweight rating. The firm lifted its estimates and targets across the agricultural products group, pointing to an improving industry backdrop. The Environmental Protection Agency’s proposed renewable volume obligations for 2026 would “mandate a significant step up” in biofuels mandates and are expected to take effect on January 1, the analyst said. JPMorgan believes demand pull, along with recent geopolitical disruptions, is pushing margins higher for biofuels producers and oilseed processors.
Archer-Daniels-Midland Company (NYSE:ADM) is a global agricultural supply chain manager and processor, supporting food production by linking local demand with global capabilities. It also provides nutrition solutions for both humans and animals.
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