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Rentech Nitrogen Partners (NYSE:RNF) shares hit a new 52-week low during trading on Friday , American Banking & Market News reports. The stock traded as low as $15.00 and last traded at $15.18, with a volume of 218,578 shares. The stock had previously closed at $15.89.

Several analysts have recently commented on the stock. Analysts at Imperial Capital cut their price target on shares of Rentech Nitrogen Partners from $24.00 to $20.00 in a research note on Thursday, May 15th. Separately, analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Rentech Nitrogen Partners in a research note on Wednesday, May 14th. They now have a $20.00 price target on the stock, down previously from $21.00. Finally, analysts at Feltl & Co. upgraded shares of Rentech Nitrogen Partners from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 14th. They now have a $30.00 price target on the stock. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $22.83.

The stock’s 50-day moving average is $16.56 and its 200-day moving average is $17.39. The company’s market cap is $595.0 million.

Rentech Nitrogen Partners (NYSE:RNF) last issued its quarterly earnings data on Tuesday, May 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.09. The company had revenue of $56.30 million for the quarter, compared to the consensus estimate of $56.28 million. During the same quarter in the previous year, the company posted $0.38 earnings per share. Analysts expect that Rentech Nitrogen Partners will post $1.71 EPS for the current fiscal year.

Rentech Nitrogen Partners, L.P. is a provider of clean energy solutions and nitrogen fertilizer, to own, operate and grow its nitrogen fertilizer business.

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