Analyst Turn Bullish on CF Industries in November



CF Industries

CF Industries (CF) is one of the dominant nitrogen fertilizer players in North America. The company benefits from low natural gas prices. Natural gas is a key input in nitrogen fertilizer production. The stock has seen its highs and lows in 2018. In November, the stock saw the most returns almost flatten due to global tensions.

Target price

Month-over-month, CF Industries’ (CF) consensus target price increased to $57.5 from $55.8 in October. The increase represented a 3% increase in the target price and shows that analysts turned more bullish on the stock in November. The sentiment is also reflected in analysts’ recommendations.

Analysts’ recommendations

In the above chart, you can see how analysts view CF Industries’ prospects compared to the same period last year. Three analysts recommend a “strong buy” on the stock, which has gradually increased from previous months. Seven analysts recommend a “buy” compared to four in the same quarter in 2017. Nine analysts recommend a “hold” on the stock—stable compared to last year.

None of the analysts (XLB) recommend a “sell” for CF Industries in November.

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

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