American Vanguard Corporation with ticker code (AVD) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 28 and 24 with the average target price sitting at 26. Given that the stocks previous close was at 21.58 this would indicate that there is a potential upside of 20.5%. The day 50 moving average is 19.05 and the 200 moving average now moves to 16.46. The market cap for the company is $662m. You can visit the company’s website by visiting: https://www.american-vanguard.com
The potential market cap would be $798m based on the market concensus.
American Vanguard Corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the United States and internationally. It manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, soil health, plant nutrition, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection. The company also markets, sells, and distributes end-use chemical and biological products for crop applications; and distributes chemicals for turf and ornamental markets. It distributes its products through national distribution companies, and buying groups or co-operatives; and through sales offices, sales force executives, sales agents, and wholly owned distributors. The company was incorporated in 1969 and is headquartered in Newport Beach, California.