CF Industries Holdings’s Neutral Rating Reaffirmed at Zacks (CF)
CF Industries Holdings (NYSE:CF)‘s stock had its “neutral” rating restated by Zacks in a research note issued to investors on Thursday, American Banking News.com reports. They currently have a $250.00 target price on the stock. Zacks‘ price objective suggests a potential upside of 5.21% from the stock’s previous close.
A number of other analysts have also recently weighed in on CF. Analysts at Raymond James upgraded shares of CF Industries Holdings to a “buy” rating in a research note on Thursday. They now have a $261.00 price target on the stock, up previously from $259.00. Separately, analysts at Susquehanna raised their price target on shares of CF Industries Holdings from $260.00 to $270.00 in a research note on Tuesday, January 28th. They now have a “positive” rating on the stock. Finally, analysts at BGC Financial upgraded shares of CF Industries Holdings from a “hold” rating to a “buy” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company. CF Industries Holdings presently has an average rating of “Hold” and an average price target of $234.88.
Shares of CF Industries Holdings (NYSE:CF) traded up 0.71% during mid-day trading on Thursday, hitting $239.31. 477,931 shares of the company’s stock traded hands. CF Industries Holdings has a 52 week low of $169.33 and a 52 week high of $249.60. The stock has a 50-day moving average of $235.1 and a 200-day moving average of $216.0. The company has a market cap of $13.715 billion and a P/E ratio of 8.98.
CF Industries Holdings (NYSE:CF) last released its earnings data on Thursday, February 27th. The company reported $5.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.52 by $1.19. The company had revenue of $1.33 billion for the quarter, compared to the consensus estimate of $1.25 billion. Analysts expect that CF Industries Holdings will post $19.69 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date of this dividend is Wednesday, February 12th.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
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