CF Industries Holdings Price Target Raised to $202.00 at BMO Capital Markets (CF)
Research analysts at BMO Capital Markets increased their price target on shares of CF Industries Holdings (NYSE:CF) from $195.00 to $202.00 in a report released on Friday, AnalystRatingsNetwork.com reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would indicate a potential downside of 4.03% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at BGC Financial raised their price target on shares of CF Industries Holdings (NYSE:CF) from $175.00 to $185.00 in a research note to investors on Friday. They now have a “sell” rating on the stock. Separately, analysts at Atlantic Securities upgraded shares of CF Industries Holdings (NYSE:CF) from a “neutral” rating to an “overweight” rating in a research note to investors on Wednesday. They now have a $245.00 price target on the stock. Finally, analysts at Citigroup Inc. upgraded shares of CF Industries Holdings (NYSE:CF) from a “neutral” rating to a “buy” rating in a research note to investors on Friday, September 20th. They now have a $199.00 price target on the stock, down previously from $240.00. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $223.94.
CF Industries Holdings (NYSE:CF) traded down 0.88% during mid-day trading on Friday, hitting $210.48. The stock had a trading volume of 489,825 shares. CF Industries Holdings has a 1-year low of $169.33 and a 1-year high of $233.43. The stock has a 50-day moving average of $195.8 and a 200-day moving average of $189.7. The company has a market cap of $12.057 billion and a price-to-earnings ratio of 7.44.
CF Industries Holdings (NYSE:CF) last released its earnings data on Tuesday, August 6th. The company reported $8.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.64 by $0.74. The company had revenue of $1.71 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company posted $8.71 earnings per share. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. Analysts expect that CF Industries Holdings will post $24.05 EPS for the current fiscal year.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
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