X
<

PotashCorp's Q3 to Show If It's Winning the Fertilizer Price War

PART:
1 2 3 4 5
Part 5
PotashCorp's Q3 to Show If It's Winning the Fertilizer Price War PART 5 OF 5

What’s PotashCorp Doing to Withstand the Low Pricing Environment?

Analyst recommendation

Of the 23 analysts surveyed by Bloomberg, seven have a “buy” recommendation, 11 have a “hold,” and five have a “sell” for Potash Corporation of Saskatchewan (or PotashCorp) (POT) as of October 20, 2016.

What&#8217;s PotashCorp Doing to Withstand the Low Pricing Environment?

Interested in POT? Don't miss the next report.

Receive e-mail alerts for new research on POT

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Price target

The next 12-month consensus price target for PotashCorp is $16.70, which is 2.5% above the company’s closing price of $16.30 as of October 19, 2016.

There have been changes in analysts’ recommendations and price targets in October. Donald D. Carson of Susquehanna Financial Group is the most bullish on the stock with a 12-month price target of $21, an upside of 17.0%, and a “positive” rating. Recently, RBC Capital Markets upgraded the stock’s rating to “outperform.”

Credit Suisse’s Christopher Parkinson is the most bearish on the stock with a 12-month price target of $11 and an “underperform” rating.

Looking forward

PotashCorp (POT) and other companies such as Agrium (AGU), Mosaic (MOS), and CF Industries (CF) continue to battle a low pricing environment for fertilizers (MXI). As a step to better position the company in this market, PotashCorp announced its merger with Agrium, which is pending shareholder and antitrust approvals.

We’ll publish our post-earnings analysis for PotashCorp after its October 27, 2016, earnings release, so remember to visit our website. You may also like to read our pre-earnings series Should You Expect Any Positive News from Intrepid Potash in 3Q16? before it reports its earnings on October 25, 2016.

X

Please select a profession that best describes you: