Potash Corporation of Saskatchewan (POT) : Zacks Investment Research ranks Potash Corporation of Saskatchewan (POT) as 5, which is a Strong Sell recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 7 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.86, which indicates as a Hold.
Potash Corporation of Saskatchewan (POT) : Average target price received by Potash Corporation of Saskatchewan (POT) is $17.11 with an expected standard deviation of $2.84. The most aggressive target on the stock is $23, whereas the most downbeat target is $12. 9 financial analysts are currently covering the stock.
Also, Barclays terminates its view on Potash Corporation of Saskatchewan (NYSE:POT) according to the research report released by the firm to its investors. Earlier, the shares had a rating of Underweight. The rating by the firm was issued on August 31, 2016.
Potash Corporation of Saskatchewan (NYSE:POT): After opening at $16, the stock dipped to an intraday low of $15.97 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $16.24 and the buying power remained strong till the end. The stock closed at $16.01 for the day, a gain of 0.13% for the day session. The total traded volume was 12,798,425. The stocks close on the previous trading day was $15.99.
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.