Origin Agritech Gets More Analyst Love (SEED, CNOA, GRO, CGA, FEED, YONG)

Tickerspy’s Chinese Agriculture Index

CHINESE AGRICULTURE INVESTING IDEAS

• Popular long ideas: CGA, SEED, YONG
• Popular short ideas: CGA, YONG, SEED
• Top dividend plays: None
• Pro favorites: GAGA, YONG, GRO

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CHINESE AGRICULTURE COVERAGE

These companies operate in various segments of the agricultural market in China, specializing in fertilizers, livestock feed, and other agricultural products.

• Traders Flee Chinese Ag Names After Disappointing Earnings (CAGC, FEED, GRO, YONG, CGA, SEED)
• Chinese Ag Shares Widely Mixed On Sparse News (CAGC, CGA, YONG, GRO, CNOA)
• Select China Shares Sit Out Broad Rally (CAGC, GRO, CNA, NED, CEU, IDI, AMCN, ZNH)

CHINESE AGRICULTURE CHART

CHINESE AGRICULTURE METRICS

Avg. Market Cap:	$124.5M
Avg. P/E Ratio:	4.4
Avg. Div Yield:	0.0%

Following an upgrade from an analyst at Chardan Capital, Chinese agriculture firm Origin Agritech (SEED) stock is surging. Chardan raised Origin’s rating from Hold to Buy. In addition, the company’s price target has been increased from $10 to $11.

As a whole, the Chinese Agricultural Stocks Index is up 3% on the day while the S&P 500 moves lower.

Origin is surging by more than 15% today and is up 32% over the last week, making it the index’s top performer. China Organic Agriculture (CNOA) is also jumping higher in sympathy, while Agria (GRO) are also trading positively on the day.

In its note on Origin, Chardan noted that, after selling its minority stake in a cotton seed producer, the firm is poised to have between $30 and $35 million of cash on hand available for R&D efforts or acquisitions. Chardan believes that this will allow Origin to differentiate itself from its competitors.

Elsewhere in the segment, China Green Agriculture (CGA), AgFeed Industries (FEED), and Yongye International (YONG) are all moving lower for the day, though AgFeed Industries has gained 15% over the last week.

Investors can track theChinese Agricultural Stocks Indexfor performance trends and a suite of other metrics at tickerspy.com

Tags: CGA, CNOA, FEED, GRO, SEED, YONG