CF Industries Holdings Rating Reiterated by Citigroup Inc. (CF)
CF Industries Holdings (NYSE:CF)‘s stock had its “neutral” rating reaffirmed by equities researchers at Citigroup Inc. in a research report issued on Monday. They currently have a $256.00 price target on the stock, down from their previous price target of $262.00. Citigroup Inc.’s target price points to a potential upside of 3.70% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays reiterated an “equal weight” rating on shares of CF Industries Holdings in a research note on Monday. They now have a $271.00 price target on the stock, up previously from $269.00. Separately, analysts at Feltl & Co. upgraded shares of CF Industries Holdings from a “hold” rating to a “buy” rating in a research note on Friday. Finally, analysts at Scotiabank upgraded shares of CF Industries Holdings from a “sector perform” rating to an “outperform” rating in a research note on Thursday. They now have a $300.00 price target on the stock, up previously from $275.00. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $254.57.
CF Industries Holdings (NYSE:CF) traded down 0.27% during mid-day trading on Monday, hitting $246.20. The stock had a trading volume of 340,955 shares. CF Industries Holdings has a 52-week low of $185.63 and a 52-week high of $267.76. The stock’s 50-day moving average is $247.2 and its 200-day moving average is $245.2. The company has a market cap of $12.229 billion and a P/E ratio of 8.61.
CF Industries Holdings (NYSE:CF) last posted its quarterly earnings results on Wednesday, August 6th. The company reported $6.10 earnings per share for the quarter, missing the analysts’ consensus estimate of $6.71 by $0.61. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter last year, the company posted $8.38 earnings per share. CF Industries Holdings’s revenue was down 14.1% compared to the same quarter last year. On average, analysts predict that CF Industries Holdings will post $19.90 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Monday, August 18th will be paid a dividend of $1.50 per share. This represents a $6.00 dividend on an annualized basis and a yield of 2.43%. The ex-dividend date of this dividend is Thursday, August 14th. This is a boost from CF Industries Holdings’s previous quarterly dividend of $1.00.
CF Industries Holdings, Inc is a manufacturer and distributor of nitrogen and phosphate fertilizer products worldwide.
Receive News & Ratings for CF Industries Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.