Vylor (NYSE:VYLR) Price Target Cut to $87.00 by Analysts at UBS Group

Vylor (NYSE:VYLR) had its target price cut by UBS Group from $89.00 to $87.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. UBS Group‘s price objective would indicate a potential upside of 20.11% from the stock’s previous close.

Several other analysts have also issued reports on VYLR. Oppenheimer started coverage on Vylor in a report on Tuesday, October 6th. They set an “outperform” rating and a $82.00 target price on the stock. BMO Capital Markets began coverage on Vylor in a research note on Friday, October 2nd. They issued an “outperform” rating and a $85.00 price target for the company. Wolfe Research raised Vylor to a “strong-buy” rating in a research report on Thursday, October 1st. Vertical Research lowered Vylor from a “buy” rating to a “hold” rating and set a $74.00 price target on the stock. in a research report on Monday, October 19th. Finally, The Goldman Sachs Group initiated coverage on Vylor in a research note on Thursday, October 8th. They set a “buy” rating and a $87.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $82.50.

Vylor Trading Up 0.5%

VYLR stock traded up $0.38 during midday trading on Friday, hitting $72.44. The company’s stock had a trading volume of 949,693 shares, compared to its average volume of 4,727,629. Vylor has a twelve month low of $65.00 and a twelve month high of $77.39.

Vylor (NYSE:VYLR) last issued its quarterly earnings results on Thursday, November 12th. The company reported ($0.42) EPS for the quarter, topping the consensus estimate of ($0.52) by $0.10. The business had revenue of $938.00 million for the quarter, compared to the consensus estimate of $846.03 million. Vylor’s revenue was down .6% on a year-over-year basis. On average, equities research analysts predict that Vylor will post 2.33 earnings per share for the current fiscal year.

Vylor declared that its board has authorized a stock repurchase program on Thursday, October 22nd that permits the company to buy back $3 billion in shares. This buyback authorization permits the company to purchase up to 6.3% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its stock is undervalued.

Vylor Company Profile

Vylor Inc. is a seed and genetics company. It develops and supplies germplasm for farmers to improve crop health and produce higher yields. Vylor Inc. is based in JOHNSTON, Iowa.