$397.21
-2.40[-0.60%]
At close: Apr 23
$397.21
0[0.00%]
After Hours: 7:30PM EDT
Deere Stock (NYSE:DE), Analyst Ratings, Price Targets, Predictions
Deere & Co has a consensus price target of $420.31, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, Truist Securities, and Evercore ISI Group on April 12, 2024, March 14, 2024, and February 20, 2024. With an average price target of $435.33 between JP Morgan, Truist Securities, and Evercore ISI Group, there's an implied 9.60% upside for Deere & Co from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
Truist Securities
Evercore ISI Group
Deutsche Bank
Wells Fargo
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for Deere
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/12/2024 | DE | Buy Now | Deere | $397.21 | 7% | JP Morgan | Tami Zakaria | $415 → $425 | Maintains | Neutral | Get Alert |
| 03/14/2024 | DE | Buy Now | Deere | $397.21 | 24.37% | Truist Securities | Jamie Cook | → $494 | Initiates | → Buy | Get Alert |
| 02/20/2024 | DE | Buy Now | Deere | $397.21 | -2.57% | Evercore ISI Group | David Raso | $381 → $387 | Maintains | In-Line | Get Alert |
| 02/16/2024 | DE | Buy Now | Deere | $397.21 | 0.95% | Deutsche Bank | Nicole Deblase | $425 → $401 | Maintains | Hold | Get Alert |
| 02/16/2024 | DE | Buy Now | Deere | $397.21 | 7% | Wells Fargo | Seth Weber | $445 → $425 | Maintains | Overweight | Get Alert |
| 02/16/2024 | DE | Buy Now | Deere | $397.21 | 9.51% | Citigroup | Timothy Thein | $450 → $435 | Maintains | Buy | Get Alert |
| 02/16/2024 | DE | Buy Now | Deere | $397.21 | 7% | Stifel | Stanley Elliott | $435 → $425 | Maintains | Buy | Get Alert |
| 01/08/2024 | DE | Buy Now | Deere | $397.21 | 8.26% | Morgan Stanley | Angel Castillo | → $430 | Initiates | → Overweight | Get Alert |
| 01/08/2024 | DE | Buy Now | Deere | $397.21 | — | Melius Research | Rob Wertheimer | — | Downgrade | Buy → Hold | Get Alert |
| 12/04/2023 | DE | Buy Now | Deere | $397.21 | -3.07% | JP Morgan | Tami Zakaria | $380 → $385 | Maintains | Neutral | Get Alert |
| 11/27/2023 | DE | Buy Now | Deere | $397.21 | -5.59% | Canaccord Genuity | Bobby Burleson | $400 → $375 | Maintains | Hold | Get Alert |
| 09/22/2023 | DE | Buy Now | Deere | $397.21 | 0.7% | Canaccord Genuity | Bobby Burleson | $530 → $400 | Downgrade | Buy → Hold | Get Alert |
| 09/19/2023 | DE | Buy Now | Deere | $397.21 | 6.74% | Evercore ISI Group | David Raso | $456 → $424 | Downgrade | Outperform → In-Line | Get Alert |
| 09/15/2023 | DE | Buy Now | Deere | $397.21 | 22.35% | HSBC | Wesley Brooks | → $486 | Initiates | → Buy | Get Alert |
| 08/21/2023 | DE | Buy Now | Deere | $397.21 | 2.46% | Deutsche Bank | Nicole Deblase | $398 → $407 | Maintains | Hold | Get Alert |
| 08/21/2023 | DE | Buy Now | Deere | $397.21 | 15.81% | Stifel | Stanley Elliott | $493 → $460 | Maintains | Buy | Get Alert |
| 08/21/2023 | DE | Buy Now | Deere | $397.21 | 15.3% | Oppenheimer | Noah Kaye | $467 → $458 | Maintains | Outperform | Get Alert |
| 08/21/2023 | DE | Buy Now | Deere | $397.21 | 2.72% | UBS | Steven Fisher | $383 → $408 | Maintains | Neutral | Get Alert |
| 08/21/2023 | DE | Buy Now | Deere | $397.21 | 38.72% | Credit Suisse | Jamie Cook | $560 → $551 | Maintains | Outperform | Get Alert |
FAQ
What is the target price for Deere (DE)?
The latest price target for Deere (NYSE: DE) was reported by JP Morgan on April 12, 2024. The analyst firm set a price target for $425.00 expecting DE to rise to within 12 months (a possible 7.00% upside). 36 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Deere (DE)?
The latest analyst rating for Deere (NYSE: DE) was provided by JP Morgan, and Deere maintained their neutral rating.
When was the last upgrade for Deere (DE)?
The last upgrade for Deere & Co happened on August 11, 2022 when Evercore ISI Group raised their price target to $416. Evercore ISI Group previously had an in-line for Deere & Co.
When was the last downgrade for Deere (DE)?
The last downgrade for Deere & Co happened on January 8, 2024 when Melius Research changed their price target from N/A to N/A for Deere & Co.
When is the next analyst rating going to be posted or updated for Deere (DE)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Deere, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Deere was filed on April 12, 2024 so you should expect the next rating to be made available sometime around April 12, 2025.
Is the Analyst Rating Deere (DE) correct?
While ratings are subjective and will change, the latest Deere (DE) rating was a maintained with a price target of $415.00 to $425.00. The current price Deere (DE) is trading at is $397.21, which is out of the analyst’s predicted range.
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