Brokerages Set Bioceres Crop Solutions Corp. (NASDAQ:BIOX) PT at $10.00

Shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX) have been given a consensus recommendation of “Buy” by the six analysts that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $9.88.

Several analysts recently commented on BIOX shares. Lake Street Capital decreased their price target on shares of Bioceres Crop Solutions from $13.00 to $8.00 and set a “buy” rating for the company in a report on Friday, February 7th. Canaccord Genuity Group lowered their price target on shares of Bioceres Crop Solutions from $7.00 to $6.50 and set a “buy” rating on the stock in a report on Thursday. Finally, Oppenheimer reduced their price objective on Bioceres Crop Solutions from $13.00 to $12.00 and set an “outperform” rating for the company in a research report on Tuesday, January 28th.

Institutional Investors Weigh In On Bioceres Crop Solutions

Large investors have recently bought and sold shares of the business. Jump Financial LLC acquired a new stake in shares of Bioceres Crop Solutions in the fourth quarter worth about $72,000. Northern Trust Corp acquired a new stake in Bioceres Crop Solutions in the 4th quarter worth approximately $93,000. Stifel Financial Corp boosted its position in 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 purchasing an additional 10,224 shares during the period. Ping Capital Management Inc. grew its holdings in Bioceres Crop Solutions by 7.3% during the fourth quarter. Ping Capital Management Inc. now owns 44,000 shares of the company’s stock valued at $268,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of Bioceres Crop Solutions by 9.5% in the second quarter. Dimensional Fund Advisors LP now owns 61,330 shares of the company’s stock valued at $688,000 after purchasing an additional 5,341 shares during the period. 17.68% of the stock is currently owned by institutional investors.

Bioceres Crop Solutions Stock Up 4.6 %

Shares of Bioceres Crop Solutions stock opened at $4.96 on Friday. The company has a current ratio of 1.27, a quick ratio of 0.87 and a debt-to-equity ratio of 0.37. Bioceres Crop Solutions has a 1 year low of $4.42 and a 1 year high of $13.64. The stock has a 50-day moving average price of $6.49 and a 200 day moving average price of $7.66. The company has a market cap of $311.05 million, a P/E ratio of 248.12 and a beta of 0.57.

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.