2. As of noon trading, Deere ( DE) is down $0.54 (-0.6%) to $85.71 on light volume Thus far, 835,903 shares of Deere exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $85.50-$86.20 after having opened the day at $86.05 as compared to the previous trading day's close of $86.25.

Deere & Company provides products and services primarily for agriculture and forestry worldwide. Deere has a market cap of $33.5 billion and is part of the industrial industry. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Wednesday. Currently there are 9 analysts that rate Deere a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Deere as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Deere Ratings Report now.

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