AgroFresh Solutions (AGFS) Gets a Hold from BMO Capital

BMO Capital analyst Joel Jackson maintained a Hold rating on AgroFresh Solutions (AGFSResearch Report) today and set a price target of $2.25. The company’s shares opened today at $1.78.

According to TipRanks, Jackson is a 5-star analyst with an average return of 16.0% and a 65.14% success rate. Jackson covers the Basic Materials sector, focusing on stocks such as Methanex, ICL Group, and Nutrien.

AgroFresh Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $3.42.

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Based on AgroFresh Solutions’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $39.89 million and a GAAP net loss of $3.09 million. In comparison, last year the company earned a revenue of $38.99 million and had a net profit of $8.42 million

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AGFS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AgroFresh Solutions, Inc. engages in the provision of food preservation and waste reduction solutions for fresh produce. It offers products through the following brands: Smarter Freshness, Harvista, LandSpring, SmartFresh, AdvanStore, and ActiMist, Textar, and Teycer. The company was founded on October 24, 2013 and is headquartered in Philadelphia, PA.

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