Share on StockTwits

Stock analysts at Susquehanna dropped their price target on shares of Agrium (NYSE:AGU) from $115.00 to $112.00 in a report issued on Monday, American Banking reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price objective would indicate a potential upside of 21.98% from the stock’s previous close.

A number of other firms have also recently commented on AGU. Analysts at Piper Jaffray cut their price target on shares of Agrium from $102.00 to $100.00 in a research note on Friday, May 9th. Separately, analysts at Scotiabank reiterated a “sector outperform” rating on shares of Agrium in a research note on Thursday, May 8th. Finally, analysts at Raymond James downgraded shares of Agrium from an “outperform” rating to a “market perform” rating in a research note on Thursday, May 8th. Eleven analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $100.14.

Agrium (NYSE:AGU) traded down 0.09% during mid-day trading on Monday, hitting $91.82. The stock had a trading volume of 832,885 shares. Agrium has a 52 week low of $77.19 and a 52 week high of $97.97. The stock’s 50-day moving average is $94.19 and its 200-day moving average is $91.54. The company has a market cap of $13.222 billion and a price-to-earnings ratio of 14.61.

Agrium (NYSE:AGU) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.02. The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.01 billion. During the same quarter last year, the company posted $1.03 earnings per share. Agrium’s revenue was down 2.4% compared to the same quarter last year. Analysts expect that Agrium will post $6.41 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 17th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.75 per share. This represents a $3.00 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Thursday, June 26th.

Agrium Inc (NYSE:AGU) is a global producer and marketer of nutrients for agricultural and industrial markets.

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.