Analysts Offer Insights on Conglomerates Companies: Tenneco Automotive (NYSE: TEN) and Agco (NYSE: AGCO)

Analysts fell to the sidelines weighing in on Tenneco Automotive (NYSE: TEN) and Agco (NYSE: AGCO) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Tenneco Automotive (NYSE: TEN)

RBC Capital analyst Joseph Spak reiterated a Hold rating on Tenneco Automotive (NYSE: TEN) yesterday and set a price target of $61. The company’s shares closed yesterday at $53.69, close to its 52-week high of $70.96.

According to TipRanks.com, Spak is a 5-star analyst with an average return of 12.3% and a 66.7% success rate. Spak covers the Industrial Goods sector, focusing on stocks such as Metaldyne Performance Group, Magna International, and Delphi Automotive.

Tenneco Automotive has an analyst consensus of Moderate Buy, with a price target consensus of $66.

Agco (NYSE: AGCO)

RBC Capital analyst Seth Weber reiterated a Hold rating on Agco (NYSE: AGCO) yesterday and set a price target of $70. The company’s shares closed yesterday at $67.90.

According to TipRanks.com, Weber is a 5-star analyst with an average return of 13.9% and a 71.2% success rate. Weber covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, Mueller Water Products, and Illinois Tool Works.

Agco has an analyst consensus of Hold, with a price target consensus of $71.

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