Analysts’ Views on CF Industries after 2Q17 Earnings

CF Industries (CF) reported its quarterly earnings on August 2, 2017. Its EPS (earnings per share) was $0.10, which was in line with analysts’ consensus estimate. Since the earnings announcement, the stock has risen about 1.0%. However, as of August 18, 2017, the stock has fallen almost 9.0% YTD (year-to-date).

To read more about CF Industries’ 2Q17 earnings, read What You Need to Know about CF Industries’ 2Q17 Earnings.

As of August 18, 2017, the mean consensus analyst rating for CF Industries (CF) stock was 2.6 with a “hold” recommendation for the next 12-month period. Similar to PotashCorp (POT), Agrium (AGU), and Mosaic (MOS), the analyst recommendation for CF Industries month-over-month has remained unchanged.

Of the 18 analysts surveyed by Reuters, two had a “strong buy” recommendation for CF Industries over the next 12 months, while five had a “buy” recommendation for the same period. Ten analysts had a “hold” recommendation, and only one had a “sell” recommendation for CF stock.

As of August 18, 2017, the consensus price target for CF Industries was $31.20 per share, which was higher than last month’s price target of $30.60. CF stock closed at $29 on August 18. The current price target has about a 6.0% upside over the next 12 months if the current price converges with the analysts’ price target.

Next, we’ll take a look at analyst recommendations and the price target for seed giant (MOO) Monsanto (MON).