CF Industries Holdings PT Raised to $221.00 at Piper Jaffray Cos. (CF)
Analysts at Piper Jaffray Cos. increased their price target on shares of CF Industries Holdings (NYSE:CF) from $204.00 to $221.00 in a research report issued to clients and investors on Wednesday, Analyst RN reports. The firm currently has a “neutral” rating on the stock. Piper Jaffray Cos.’s price target points to a potential upside of 7.04% from the company’s current price.
Shares of CF Industries Holdings (NYSE:CF) traded down 1.08% during mid-day trading on Wednesday, hitting $206.46. 1,299,983 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 $201.1 and a 200-day moving average of $190.2. The company has a market cap of $11.826 billion and a P/E ratio of 7.31.
CF Industries Holdings (NYSE:CF) last announced its earnings results 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 $23.89 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at BMO Capital Markets raised their price target on shares of CF Industries Holdings from $195.00 to $202.00 in a research note to investors on Friday, September 27th. They now have a “market perform” rating on the stock. Separately, analysts at BGC Financial raised their price target on shares of CF Industries Holdings from $175.00 to $185.00 in a research note to investors on Friday, September 27th. They now have a “sell” rating on the stock. Finally, analysts at Atlantic Securities upgraded shares of CF Industries Holdings from a “neutral” rating to an “overweight” rating in a research note to investors on Wednesday, September 25th. They now have a $245.00 price target on the stock. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and nine have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $223.56.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.