5 Best Farmland and Agriculture Stocks To Buy According to Analysts

2. Bioceres Crop Solutions Corp. (NASDAQ:BIOX)

Number of Hedge Fund Holders: 10

Average Analyst Price Target Upside: 55.89%

Bioceres Crop Solutions Corp. (NASDAQ:BIOX) is an Argentina-based company that offers crop productivity solutions. The company has a commercial presence in over 45 countries and has more than 750 patents and patent applications. At a stake value of $114.065 million, 10 hedge funds held positions in Bioceres Crop Solutions Corp. (NASDAQ:BIOX). As of Q4 of 2023, Solel Partners is the most prominent shareholder in the company and has a position worth $62.87 million.

On May 7, Bioceres Crop Solutions Corp. (NASDAQ:BIOX) reported that its 3 new bio-insecticidal/bio-nematicidal solutions derived from inactivated cells received approval from Brazil’s Ministry of Agriculture and Livestock (MAPA- Ministério da Agricultura e Pecuária), marking a first for biological products formulated from fully inactivated microorganisms in the Brazillian market.

Bioceres Crop Solutions Corp. (NASDAQ:BIOX) has a consensus rating of Strong Buy as per the 4 Wall Street analysts that have covered it over the past three months. The average price target of $20.25 has an upside of 55.89% from the present levels, as of May 8.

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