Potash Corporation of Saskatchewan (POT) has an average broker rating of 2.94, which is interpreted as a Hold, as rated by 16 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 8 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Potash Corporation of Saskatchewan (POT) : Currently there are 10 street experts covering Potash Corporation of Saskatchewan (POT) stock. The most bullish and bearish price target for the stock is $23 and $11 respectively for the short term. The average price target of all the analysts comes to $16.2. The estimated standard deviation from the target is $3.55.
Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm UBS maintains its rating on Potash Corporation of Saskatchewan (NYSE:POT). The rating major has initiated the coverage with buy rating on the shares. The Analysts at UBS lowers the price target from $21 per share to $19 per share. The rating by the firm was issued on July 29, 2016.
Potash Corporation of Saskatchewan (NYSE:POT): The stock opened at $15.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.15 for the day. The stock traded down to $15.68 during the day, due to lack of any buying support eventually closed down at $15.81 with a loss of -0.25% for the day. The stock had closed at $15.85 on the previous day. The total traded volume was 7,933,754 shares.
Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash, nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The Companys phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.