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CF Industries: Analyzing the Ratings and Target Price in March

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Mar. 15 2018, Updated 1:35 p.m. ET

CF Industries

CF Industries (CF) reported its earnings on February 14. Before its earnings, CF Industries was trading at $39.7. CF Industries stock soared to $44.7 on March 5. Analysts’ recent downgrade pushed the stock lower in the following days. As of the closing on March 14, CF Industries was trading 1.5% higher than the closing on February 14.

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Analysts’ ratings

The current consensus (MOO) mean rating on CF Industries stands at 2.8 with an overall “hold” recommendation on the stock. Of the 20 analysts in the above chart, one analyst has a “strong buy” recommendation on the stock for the next 12-month period. Five analysts have a “buy” recommendation on the stock, 11 analysts have a “hold” recommendation, and three analysts have a “sell” recommendation.

Unlike Nutrien (NTR) (POT), the number of analysts covering CF Industries stock remained unchanged compared to last month.

On March 5, CF Industries was upgraded to “outperform” from “market perform” by Cowen. Bank of America downgraded the stock to “underperform” from a “buy” recommendation. Citigroup also downgraded the stock to a “neutral” rating from a “buy.”

Target price

The consensus mean target price on CF Industries for the next 12-month period stood at $42.6, which was broadly unchanged from the previous month. The median target price was slightly higher at $43. The current mean and median target prices would give about 5.7% and 6.7% upside over the market closing price of $40.3 on March 14.

Next, we’ll discuss analysts’ ratings and target price for Mosaic (MOS).

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