Archer-Daniels Midland Co
ADM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$68.00 | Hjvzl | Clpzssh |
Maintaining $70 FVE as ADM Reports Solid Fourth-Quarter Results; Shares Slightly Overvalued
We maintain our $70 per share fair value estimate for Archer-Daniels Midland after updating our model to incorporate the company's fourth-quarter results. Our no-moat rating is also unchanged.