Bioceres Crop Solutions Corp. (NASDAQ:BIOX) Given Average Recommendation of “Buy” by Analysts

Shares of Bioceres Crop Solutions Corp. (NASDAQ:BIOX) have been given an average recommendation of “Buy” by the six brokerages that are covering the company, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $8.63.

A number of equities analysts have commented on the company. Lake Street Capital decreased their price target on Bioceres Crop Solutions from $13.00 to $8.00 and set a “buy” rating on the stock in a research note on Friday, February 7th. Canaccord Genuity Group cut their price objective on Bioceres Crop Solutions from $7.00 to $6.50 and set a “buy” rating on the stock in a research report on Thursday, February 13th. Finally, Oppenheimer cut their price objective on Bioceres Crop Solutions from $8.00 to $7.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 22nd.

Institutional Investors Weigh In On Bioceres Crop Solutions

A number of large investors have recently made changes to their positions in BIOX. Jones Financial Companies Lllp grew its position in shares of Bioceres Crop Solutions by 3,535.8% in the 1st quarter. Jones Financial Companies Lllp now owns 5,490 shares of the company’s stock worth $25,000 after buying an additional 5,339 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Bioceres Crop Solutions by 186.8% during the fourth quarter. Bank of America Corp DE now owns 5,735 shares of the company’s stock valued at $35,000 after purchasing an additional 3,735 shares in the last quarter. Jump Financial LLC bought a new stake in shares of Bioceres Crop Solutions during the fourth quarter valued at approximately $72,000. Avanza Fonder AB bought a new stake in shares of Bioceres Crop Solutions during the first quarter valued at approximately $72,000. Finally, PDT Partners LLC bought a new stake in shares of Bioceres Crop Solutions during the first quarter valued at approximately $81,000. 17.68% of the stock is currently owned by institutional investors.

Bioceres Crop Solutions Price Performance

Shares of Bioceres Crop Solutions stock opened at $4.65 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.33 and a quick ratio of 0.96. The business’s 50 day simple moving average is $4.35 and its two-hundred day simple moving average is $5.53. The stock has a market capitalization of $291.61 million, a P/E ratio of 232.62 and a beta of 0.40. Bioceres Crop Solutions has a one year low of $3.51 and a one year high of $11.86.

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.