CF Industries Holdings (CF): Price Target and June Short Interest Disclosure

CF Industries Holdings (CF) : The consensus price target for CF Industries Holdings (CF) is $30.62 for the short term with a standard deviation of $3.53. The most optimist securities analyst among the 12 who monitor the stock believes that the stock can reach $37, however, the pessimist price target for the company is $25.

CF Industries Holdings (CF) stated gains of 1,490,472 shares or 5.4% in the short interest. The short interest registered from 27,823,729 on June 15,2016 to 29,314,201 on June 30,2016. In terms of floated shares, the shorted positions stood at 12.6%. The stock has been averaging 5,747,538 shares daily in trading and would need 5 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Equity analysts at the Brokerage firm Citigroup maintains its rating on CF Industries Holdings (NYSE:CF). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at Citigroup lowers the price target from $34 per share to $25 per share. The rating by the firm was issued on July 7, 2016.


CF Industries Holdings (NYSE:CF): stock turned positive on Thursday. Though the stock opened at $27.46, the bulls momentum made the stock top out at $28.32 level for the day. The stock recorded a low of $27.33 and closed the trading day at $27.87, in the green by 3.53%. The total traded volume for the day was 7,391,378. The stock had closed at $26.92 in the previous days trading.

CF Industries Holdings, Inc. is the manufacturer and distributor of nitrogen fertilizer and other nitrogen products. The Companys nitrogen fertilizer products include ammonia, granular urea and urea ammonium nitrate solution (UAN). The Companys other nitrogen products include ammonium nitrate (AN), diesel exhaust fluid (DEF), urea liquor and aqua ammonia. The Companys customers include cooperatives, independent fertilizer distributors and industrial users. It operates seven nitrogen fertilizer production facilities in North America. The Company owns four production facilities in the Central United States, one in Medicine Hat, Alberta, Canada and one in Courtright, Ontario, Canada. It also has a 75.3% interest in Terra Nitrogen Company, L.P. (TNCLP) and its subsidiary, TNLP, which owns a nitrogen fertilizer facility in Verdigris, Oklahoma.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.