Agrium Inc. (AGU) Price Target Raised to C$139.00
Agrium Inc. (TSE:AGU) had its price objective lifted by equities research analysts at Royal Bank Of Canada from C$125.00 to C$139.00 in a research note issued on Tuesday, StockTargetPrices.com reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 16.82% from the company’s current price.
Other analysts also recently issued research reports about the stock. AltaCorp Capital raised shares of Agrium from a “sector perform” rating to an “outperform” rating in a research report on Friday, August 5th. TD Securities reissued a “hold” rating and set a C$94.00 target price on shares of Agrium in a research report on Thursday, August 4th.
Shares of Agrium (TSE:AGU) traded down 0.71% during mid-day trading on Tuesday, hitting $118.15. 25,043 shares of the stock were exchanged. The stock’s 50-day moving average price is $120.24 and its 200-day moving average price is $117.38. The company has a market cap of $16.33 billion and a P/E ratio of 18.99. Agrium has a 52-week low of $104.70 and a 52-week high of $133.25.
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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 20th. Shareholders of record on Friday, September 30th will be paid a dividend of $0.875 per share. This represents a $3.50 annualized dividend and a yield of 2.94%.
Agrium Company Profile
Agrium Inc is a producer and distributor of agricultural products and services. The Company categorizes its segments within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical segments: North America, which includes the United States and Canada, and International, which includes Australia and South America.
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