Brokerage Firm Rating Update on Agrium (AGU)

Agrium (AGU) has an average broker rating of 2.08, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 5 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. 1 considers that the stock is a Sell.

Agrium (AGU) : Currently there are 12 street experts covering Agrium (AGU) stock. The most bullish and bearish price target for the stock is $130 and $84 respectively for the short term. The average price target of all the analysts comes to $99.17. The estimated standard deviation from the target is $11.65.


For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Barclays terminates its rating on Agrium (NYSE:AGU).Earlier, the shares were rated a Overweight by the brokerage firm. The rating by the firm was issued on August 31, 2016.

Agrium (NYSE:AGU): The stock opened at $96.1 and touched an intraday high of $97.38 on Wednesday. During the day, the stock corrected to an intraday low of $96.05, however, the bulls stepped in and pushed the price higher to close in the green at $97.15 with a gain of 0.83% for the day. The total traded volume for the day was 451,764. The stock had closed at $96.35 in the previous trading session.

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 1,375 retail locations, 57 terminals, 8 plants and 18 distribution centers in North and South America, as well as Australia.

Leave a Reply

Get Pre-Market Alerts!

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