In a report released on Thursday September 8 2016 UBS fell the target price of Tractor Supply (NASDAQ:TSCO) from $102 to $88 reporting a possible upside of 0.05%.
For quotations issued to the institutions up to May 31, 2013 the tractors will be delivered at old price if confirmed order and payment is received up to June 30, 2013. The orders against Sindh tractors scheme will be delivered at prices agreed with Government of Sindh if booked up to June 30, 2013. Informed sources told Business Recorder MTL’s competitor Al-Ghazi Tractors Limited is also planning to increase price of tractors at the same rate as MTL.
Millat Tractors Limited (MTL), a leading local tractor manufacturing company, raised the basic price of tractors second time in six months to be effective from June 21, 2013, citing increase in costs of various inputs. The two local tractor manufacturing companies, ie MTL and Al-Ghazi Tractors Limited raised price of tractors by five percent in the wake of the rate of increase in General Sales Tax (GST) from five to ten percent on December 12, 2012 and January 1, 2013 respectively.