Vylor (NYSE:VYLR) Stock Rated “Moderate Buy” by Sell-Side Brokerages

Vylor (NYSE:VYLR) has earned a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the stock, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and three have issued a strong buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $82.67.

Several brokerages have commented on VYLR. Vertical Research cut shares of Vylor from a “buy” rating to a “hold” rating and set a $74.00 price target on the stock. in a research note on Monday, October 19th. Morgan Stanley assumed coverage on shares of Vylor in a research note on Friday, October 2nd. They issued an “overweight” rating and a $85.00 target price on the stock. KeyCorp assumed coverage on shares of Vylor in a research note on Wednesday, October 7th. They set a “sector weight” rating and a $78.00 price target for the company. Wall Street Zen upgraded shares of Vylor to a “sell” rating in a report on Saturday, October 10th. Finally, BMO Capital Markets began coverage on shares of Vylor in a report on Friday, October 2nd. They set an “outperform” rating and a $85.00 price target on the stock.

Vylor Price Performance

NYSE VYLR opened at $71.93 on Friday. Vylor has a 12 month low of $65.00 and a 12 month high of $77.39.

Vylor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Monday, November 30th will be issued a $0.13 dividend. The ex-dividend date is Monday, November 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.7%.

Vylor declared that its Board of Directors has approved a stock repurchase plan on Thursday, October 22nd that permits the company to buy back $3 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 6.3% of its shares through open market purchases. Stock buyback plans are often an indication that the company’s board believes its stock is undervalued.

About Vylor

Vylor Inc is a seed and genetics company. It develops and supplies germplasm for farmers to improve crop health and produce higher yields. Vylor Inc is based in JOHNSTON, Iowa.