AllAnalyst Report
logoMorningstarJuly 02, 2024

Deere & Company: Despite Near-Term Demand Slump, Deere Is Well-Positioned to Benefit Long Term From Precision Ag

Symbols
DE
Sector(s)
Industrials
Rating
Current Price
$361.60
Fair Value
Economic Moat
Stewardship
Summary

Deere is the world’s leading manufacturer of agricultural equipment, producing some of the most recognizable machines in the heavy machinery industry in their green and yellow livery. The company is divided into four reportable segments: production and precision agriculture, small agriculture and turf, construction and forestry, and John Deere Capital. Its products are available through an extensive dealer network, which includes over 2,000 dealer locations in North America and approximately 3,700 locations globally. John

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