Analyst Vincent Andrews of Morgan Stanley maintained a Hold rating on FMC (FMC – Research Report), retaining the price target of $46.00.
Vincent Andrews has given his Hold rating due to a combination of factors related to FMC’s financial outlook and market conditions. The analyst has updated the EBITDA and EPS estimates for FMC, noting slight adjustments in the projections for 2025 through 2027. While the 2025 EBITDA remains unchanged, there are modest increases in the estimates for 2026 and 2027, reflecting changes in foreign exchange impacts and hedging strategies.
Despite these adjustments, the overall growth trajectory does not show significant deviation from consensus expectations, which supports a Hold rating. The updated forecast considers the effects of foreign exchange and historical data adjustments, but the lack of substantial upward momentum in earnings projections suggests a neutral stance. Therefore, the Hold rating reflects a balanced view of potential risks and opportunities for FMC’s stock performance.
According to TipRanks, Andrews is a 4-star analyst with an average return of 5.1% and a 61.11% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Mosaic Co, Sherwin-Williams Company, and Eastman Chemical.
In another report released on March 24, RBC Capital also maintained a Hold rating on the stock with a $47.00 price target.