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Analysts’ Views on CF Industries after 2Q17 Earnings

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CF Industries

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.

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Analyst ratings

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.

Price target

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).

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