CF Industries (CF) has had a decent run so far this year. YTD (year-to-date), the company has returned 11.5%, which is slightly shy of the S&P 500 Index’s (SPY) return of 11.8% over the same period. Over the last one month alone, the stock has risen by ~20.9%, which has left behind other players such as PotashCorp (POT), Mosaic (MOS), and CVR Partners (UAN).
The current consensus mean rating on Monsanto for the next-12-month period stood at 2.5 with a “hold” recommendation. Out of the 17 analysts surveyed by Reuters, only two analysts had a “strong buy” recommendation on the stock, while five had a “buy” recommendation on the company for the next-12-month period.
A total of nine analysts had a “hold” recommendation on the stock for the next 12 months, while only one analyst had a “sell” recommendation on the stock. Also, none of the analysts had a “strong sell” recommendation on the stock for the next-12-month period.
To learn more about the outlook of the fertilizer industry, read our latest series The State of Fertilizer: Your End-of-August Outlook.
The current consensus analyst mean price target on CF Industries stood at $31.3 per share, which was almost 10% lower than the company’s current price of $35 as of September 18, 2017. The current price target is about 2% higher from the previous iteration of $30.6 per share.
Next, we will turn our attention to Monsanto (MON).