Analysts’ October Update on CF Industries

Analysts’ recommendations

So far in this series, we’ve discussed analysts’ estimates for CF Industries’ (CF) upcoming 3Q16 sales, margins, and earnings per share.

While we can gauge the outlook for the company using these estimates, let’s also take a look at analysts’ recommendations and price targets for CF Industries over the next 12 months.

Analysts’ October Update on CF Industries


Overall, of the 20 analysts surveyed by Bloomberg, eight have “buy” recommendations on CF, ten have “hold” recommendations, and seven have “sell” recommendations on the stock. The consensus next-12-month price target for the company is $25.1, slightly below its October 24, 2016, closing price of $24.4.

The chart above shows analysts’ ratings and price target updates for the company in October only. Most analysts have maintained their respective recommendations on the company.

Bulls and bears

Among the analysts surveyed, Joel Jackson of BMO Capital Markets is the most bullish on CF Industries, with an “outperform” recommendation and a price target of $28 per share.

In contrast, Charles Neivert of Cowen is the most bearish on the stock, with an “underperform” recommendation and a price target of $21 per share.

We’ll follow up with an analysis after CF Industries releases its 3Q16 earnings on November 2, 2016. In the meantime, to navigate updates on CF’s peers (MOO) such as PotashCorp (POT), Intrepid Potash (IPI), and Agrium (AGU), you can head to our Agricultural Fertilizers page.