Agrium Rating Reiterated by Goldman Sachs Group Inc. (AGU)
Agrium (NYSE:AGU)‘s stock had its “hold” rating reaffirmed by stock analysts at Goldman Sachs Group Inc. in a report issued on Thursday, Analyst Ratings News reports. They currently have a $86.00 target price on the stock. Goldman Sachs Group Inc.’s target price suggests a potential upside of 4.37% from the company’s current price.
Shares of Agrium (NYSE:AGU) traded down 1.26% on Thursday, hitting $82.40. The stock had a trading volume of 2,994,305 shares. Agrium has a 1-year low of $77.19 and a 1-year high of $115.31. The stock’s 50-day moving average is $86.95 and its 200-day moving average is $89.40. The company has a market cap of $12.113 billion and a P/E ratio of 9.25.
A number of other firms have also recently commented on AGU. Analysts at UBS AG downgraded shares of Agrium from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, August 21st. They now have a $117.00 price target on the stock, up previously from $95.00. Separately, analysts at HSBC downgraded shares of Agrium from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, August 21st. They now have a $95.00 price target on the stock, down previously from $117.00. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Agrium in a research note to investors on Tuesday, August 20th. They now have a $78.00 price target on the stock. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the stock. Agrium has an average rating of “Hold” and a consensus price target of $103.91.
Agrium Inc (NYSE:AGU), is a global producer and marketer of nutrients for agricultural and industrial markets.
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