Agrium (USA) (AGU) is Upgraded by CLSA to Underperform

Agrium (USA) (AGU) was Upgraded by CLSA to ” Underperform”. Earlier the firm had a rating of “Sell ” on the company shares. CLSA advised their investors in a research report released on Aug 5, 2016.

Many Wall Street Analysts have commented on Agrium (USA). Agrium (USA) was Downgraded by Credit Agricole to ” Sell” on Jun 9, 2016.

On the company’s financial health, Agrium (USA) reported $1.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Feb 9, 2016. Analyst had a consensus of $1.38. The company had revenue of $2407.00 million for the quarter, compared to analysts expectations of $2843.27 million. The company’s revenue was down -11.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.46 EPS.

Agrium (USA) closed down -0.8 points or -0.89% at $89.4 with 11,15,563 shares getting traded on Thursday. Post opening the session at $88.83, the shares hit an intraday low of $87.75 and an intraday high of $89.6 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Agrium Inc. (Agrium) is a Canada-based producer and marketer of nutrients for agricultural and industrial markets. Agrium is a retailer of agricultural products and services in the United States Canada Australia Argentina Brazil Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company operates through its two business units: Retail and Wholesale. Agrium Wholesale owns 16 production facilities in North and South America across the nitrogen potash and phosphate spectrum; two mines; and a distribution and storage network throughout North America and internationally through Agrium Europe. Agrium Retail operates approximately 1375 retail locations 57 terminals 8 plants and 18 distribution centers in North and South America as well as Australia.

Agrium  (USA)

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