CF Industries Holdings PT Raised to $185.00 (CF)
BGC Financial boosted their price objective on shares of CF Industries Holdings (NYSE:CF) from $175.00 to $185.00 in a research note issued on Friday, AR Network reports. The firm currently has a “sell” rating on the stock. BGC Financial’s price objective would suggest a potential downside of 12.11% from the stock’s previous close.
A number of other analysts have also recently weighed in on CF. 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. Separately, 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. Finally, analysts at Zacks reiterated a “neutral” rating on shares of CF Industries Holdings (NYSE:CF) in a research note to investors on Monday, August 19th. They now have a $197.00 price target on the stock. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $223.94.
Shares of CF Industries Holdings (NYSE:CF) traded down 0.88% during mid-day trading on Friday, hitting $210.48. 489,825 shares of the company’s stock traded hands. CF Industries Holdings has a one year low of $169.33 and a one 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. On average, analysts predict that CF Industries Holdings will post $24.05 earnings per share 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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