Credit Suisse Increases CF Industries Holdings Price Target to $228.00 (CF)
Research analysts at Credit Suisse hoisted their price target on shares of CF Industries Holdings (NYSE:CF) from $220.00 to $228.00 in a report released on Thursday, American Banking and Market News reports. Credit Suisse’s price objective points to a potential downside of 5.34% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a “neutral” rating on shares of CF Industries Holdings in a research note on Thursday. They now have a $250.00 price target on the stock. Separately, 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. Finally, 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. One 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 currently has a consensus rating of “Hold” and an average price target of $234.47.
CF Industries Holdings (NYSE:CF) traded up 1.36% on Thursday, hitting $240.86. The stock had a trading volume of 924,076 shares. 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. and a 200-day moving average of $216.2. The company has a market cap of $13.804 billion and a P/E ratio of 8.98.
CF Industries Holdings (NYSE:CF) last issued its quarterly earnings data on Thursday, February 27th. The company reported $5.71 earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that CF Industries Holdings will post $19.69 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, February 28th. Shareholders 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 1.66%. 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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