CF Industries’ stock price
As of April 28, 2016, CF Industries (CF) was trading at $33.80 per share. Let’s look at the analysts’ ratings and target prices for the company’s share price over the next 12 months.
Analysts’ price target
Over the years, we’ve seen CF Industries’ (CF) share price moves in tandem with analysts’ price targets. When analysts lowered their 12-month price targets, the share price also fell and vice versa. The consensus price target as of April 28 stood at $36.00, which would be a 6% upside from the current price of $33.80.
Out of 16 analysts surveyed by Bloomberg, about 50% have “buy” ratings for CF Industries (CF). About 44% have “hold” recommendations, and one has a “sell” rating for the company. Overall, analysts have a “buy” rating for CF Industries as of April 28.
On the high side, Barclays’ analyst Matthew Korn has an “overweight” rating with a price target of $40 on CF Industries for the next 12 months. On the low side, Cowen’s analyst Charles Neivert has an “underperform” rating with a price target of $25.
ETF exposure and industry peers
You can gain exposure to agricultural fertilizer companies without investing directly in a company stock by investing in the VanEck Vectors Agribusiness ETF (MOO). Mosaic (MOS), CF Industries (CF), Monsanto (MON), and Israel Chemicals (ICL) comprise about 13.9% of the ETF.
To get more updates on fertilizer companies, please visit our Agricultural Fertilizers page.