NYSE:DE

Deere & Company (DE) Price Target & Analyst Ratings

$363.55

-6.97 (-1.88%)

(As of 05/19/2023 08:48 PM ET)

Compare

Today's Range: $361.47
▼
$393.00
50-Day Range: $362.68
▼
$414.99
52-Week Range: $283.81
▼
$448.40

Volume: 7.52 million shs
Average Volume: 1.63 million shs
Market Capitalization: $107.73 billion

P/E Ratio: 13.48
Dividend Yield: 1.38%
Price Target: $457.14

Deere & Company Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 20 Analyst Ratings

Consensus Analyst Price Target

$454.05
24.89% Upside

High Prediction	$582.00
Average Prediction	$454.05
Low Prediction	$342.00

Type	Current 5/22/22 to 5/22/23	1 Month Ago 4/22/22 to 4/22/23	3 Months Ago 2/21/22 to 2/21/23	1 Year Ago 5/22/21 to 5/22/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	13 Buy rating(s)	13 Buy rating(s)	12 Buy rating(s)	9 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$454.05	$459.86	$460.81	$443.86
Predicted Upside	24.89% Upside	13.38% Upside	13.47% Upside	20.89% Upside

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DE Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DE Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Deere & Company Stock vs. The Competition

Type	Deere & Company	Industrial Products Companies	S&P 500
Consensus Rating Score	2.65	2.53	2.48
Consensus Rating	Moderate Buy	Buy	Hold
Predicted Upside	24.89% Upside	94.61% Upside	173.87% Upside
News Sentiment Rating	Positive News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/21/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$484.00 ➝ $416.00	+14.43%
5/15/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$398.00 ➝ $367.00	-1.87%
5/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$449.00 ➝ $440.00	+17.44%
5/9/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$455.00 ➝ $418.00	+9.93%
3/29/2023	Daiwa Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Outperform	$440.00	+11.29%
2/21/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$520.00	+20.32%

2/21/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$475.00 ➝ $485.00	+11.93%
2/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$522.00 ➝ $537.00	+23.93%
2/20/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$485.00 ➝ $510.00	+17.70%
2/17/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$470.00 ➝ $512.00	+18.16%
12/19/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$475.00 ➝ $477.00	+10.16%
12/1/2022	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$425.00 ➝ $505.00	+14.51%
11/28/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$420.00 ➝ $462.00	+4.84%
11/28/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Market Perform	$375.00 ➝ $450.00	+1.93%
11/25/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$447.00 ➝ $582.00	+33.02%
11/25/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$415.00 ➝ $440.00	+0.57%
11/25/2022	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$374.00 ➝ $452.00	+3.31%
11/23/2022	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$415.00 ➝ $492.00	+12.34%
7/15/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$450.00 ➝ $400.00	+35.90%
7/7/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$396.00 ➝ $342.00	+14.26%
5/23/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight	$415.00 ➝ $400.00	+27.67%

(Data available from 5/22/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

DE Price Target - Frequently Asked Questions

What is Deere & Company's consensus rating and price target?: According to the issued ratings of 20 analysts in the last year, the consensus rating for Deere & Company stock is Moderate Buy based on the current 7 hold ratings and 13 buy ratings for DE. The average twelve-month price prediction for Deere & Company is $454.05 with a high price target of $582.00 and a low price target of $342.00. Learn more on DE's analyst rating history.
Do Wall Street analysts like Deere & Company more than its competitors?: Analysts like Deere & Company more than other Industrial Products companies. The consensus rating for Deere & Company is Moderate Buy while the average consensus rating for industrial products companies is Buy. Learn more on how DE compares to other companies.
Does Deere & Company's stock price have much upside?: According to analysts, Deere & Company's stock has a predicted upside of 13.41% based on their 12-month price targets.

What analysts cover Deere & Company?: Deere & Company has been rated by Argus, Bank of America, DA Davidson, Daiwa Capital Markets, Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, and Sanford C. Bernstein in the past 90 days.

Stock Ratings Reports and Tools

This page (NYSE:DE) was last updated on 5/22/2023 by MarketBeat.com Staff

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