Brokerages Set Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Price Target at $9.88

Shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX) have earned a consensus rating of “Buy” from the six brokerages that are currently covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $9.88.

BIOX has been the topic of a number of research reports. Lake Street Capital cut their price objective on Bioceres Crop Solutions from $13.00 to $8.00 and set a “buy” rating on the stock in a report on Friday, February 7th. Oppenheimer reduced their price target on shares of Bioceres Crop Solutions from $13.00 to $12.00 and set an “outperform” rating on the stock in a research report on Tuesday, January 28th. Finally, Canaccord Genuity Group dropped their price objective on shares of Bioceres Crop Solutions from $7.00 to $6.50 and set a “buy” rating for the company in a research report on Thursday, February 13th.

Bioceres Crop Solutions Trading Down 2.6 %

Shares of BIOX opened at $4.13 on Friday. Bioceres Crop Solutions has a twelve month low of $3.69 and a twelve month high of $13.18. The firm has a market capitalization of $259.00 million, a P/E ratio of 206.60 and a beta of 0.73. The company has a current ratio of 1.33, a quick ratio of 0.96 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $5.01 and its 200 day simple moving average is $6.26.

Institutional Trading of Bioceres Crop Solutions

Large investors have recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of Bioceres Crop Solutions by 186.8% in the fourth quarter. Bank of America Corp DE now owns 5,735 shares of the company’s stock valued at $35,000 after purchasing an additional 3,735 shares during the period. Jump Financial LLC purchased a new position in Bioceres Crop Solutions in the 4th quarter valued at about $72,000. Northern Trust Corp purchased a new position in Bioceres Crop Solutions in the 4th quarter valued at about $93,000. Maven Securities LTD acquired a new stake in shares of Bioceres Crop Solutions during the fourth quarter valued at about $152,000. Finally, Stifel Financial Corp increased its position in shares of Bioceres Crop Solutions by 33.4% during the third quarter. Stifel Financial Corp now owns 40,790 shares of the company’s stock worth $321,000 after acquiring an additional 10,224 shares during the last quarter. Institutional investors and hedge funds own 17.68% of the company’s stock.

About Bioceres Crop Solutions

Bioceres Crop Solutions Corp., together with its subsidiaries, provides crop productivity solutions. It operates through Seed and Integrated Products, Crop Protection, and Crop Nutrition segments. The Seed and Integrated Products segment provides seed traits, germplasms, and seed treatment packs for healthier, and higher yielding crops.