After Today’s Bearish Options Activity, Is Syngenta AG (ADR)’s Near-Term Analysis Positive?

 After Today's Bearish Options Activity, Is Syngenta AG (ADR)'s Near Term Analysis Positive?

In today’s session Syngenta AG (ADR) (SYT) recorded an unusually high (259) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the December, 2016 put, expecting serious SYT decrease. With 259 contracts traded and 12374 open interest for the Dec, 16 contract, it seems this is a quite bearish bet. The option with symbol: SYT161216P00070000 closed last at: $1.8 or 2.7% down. About 222,101 shares traded hands. Syngenta AG (ADR) (NYSE:SYT) has risen 2.20% since March 16, 2016 and is uptrending. It has underperformed by 3.35% the S&P500.

Syngenta AG (ADR) (NYSE:SYT) Ratings Coverage

Out of 7 analysts covering Syngenta (NYSE:SYT), 2 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 29% are positive. $92.20 is the highest target while $71 is the lowest. The $81.60 average target is -3.99% below today’s ($84.99) stock price. Syngenta has been the topic of 9 analyst reports since August 27, 2015 according to StockzIntelligence Inc. As per Tuesday, December 22, the company rating was upgraded by Jefferies. On Thursday, August 27 the stock rating was upgraded by Bank of America to “Not Rated”. The firm has “Outperform” rating by Raymond James given on Friday, July 15. On Friday, September 11 the stock rating was upgraded by Bernstein to “Outperform”. The company was downgraded on Monday, August 31 by UBS. The firm has “Neutral” rating given on Thursday, January 7 by Macquarie Research. On Thursday, February 4 the stock rating was maintained by Bernstein with “Outperform”. Bernstein downgraded the stock to “Market Perform” rating in Tuesday, September 6 report. The firm has “Hold” rating given on Monday, February 15 by Berenberg.

According to Zacks Investment Research, “SYNGENTA AG-ADR is a world-leading agribusiness. The company ranks first in crop protection, and third in the high-value commercial seeds market. The company is committed to sustainable agriculture through innovative Research and Technology. As the world’s leading supplier of conventional and biotechnology crop solutions, Syngenta has a broad product line designed to improve crop yields and food quality.”

Syngenta AG is an agribusiness operating in the crop protection and seeds business. The company has a market cap of $39.96 billion. The Firm is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality. It has a 33.05 P/E ratio. The Firm operates through five divisions: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business.

SYT Company Profile

Syngenta AG, incorporated on December 23, 1999, is an agribusiness operating in the crop protection and seeds business. The Firm operates through five divisions: the four geographic regions, Europe, Africa and Middle East, North America, Latin America and Asia Pacific, consisting of the integrated Crop Protection and Seeds business, and the global Lawn and Garden business. The Firm is engaged in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality, and in the lawn and garden business, which provides professional growers and clients with flowers, turf and landscape, and professional pest management products. The Firm offers integrated crop management programs using crop protection solutions, genetics, genetically modified and native trait packages, and growing protocols. NUCOFFEE is the Company’s business model operating in Brazil that brings together growers, cooperatives and roasters. The Company’s integrated business includes GROMORE, which is a crop protection and agronomy protocol. PLENE is a solution for sugar cane in Brazil. HYVIDO is a hybrid barley. INTEGRARE is its soybean solution for Brazilian growers. It offers Fruit Quality Contract.

More notable recent Syngenta AG (ADR) (NYSE:SYT) news were published by: Marketwatch.com which released: “2 Credit Cards Are Shaking-Up The Entire Credit Card Industry” on May 12, 2009, also Quotes.Wsj.com with their article: “DOW JONES, A NEWS CORP COMPANY” published on February 12, 2011, Fool.com published: “How Monsanto Pushed Syngenta AG (ADR) Shares 15% Higher Today” on May 01, 2015. More interesting news about Syngenta AG (ADR) (NYSE:SYT) were released by: Investorplace.com and their article: “3 Stocks to Watch on Monday: Alphabet Inc (GOOG), Syngenta AG (ADR) (SYT) and …” published on August 22, 2016 as well as Businessfinancenews.com‘s news article titled: “ChemChina’s Syngenta AG Purchase: Regulators Remain Cautious” with publication date: March 25, 2016.

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