Potash Co. of Saskatchewan Inc (POT) PT Raised to C$25.00
Potash Co. of Saskatchewan Inc (TSE:POT) had its price objective upped by equities researchers at Royal Bank Of Canada from C$20.00 to C$25.00 in a research note issued to investors on Tuesday, StockTargetPrices.com reports. Royal Bank Of Canada’s price target indicates a potential upside of 17.87% from the stock’s current price.
Separately, TD Securities cut their price target on Potash Co. of Saskatchewan from C$17.00 to C$16.50 and set a “hold” rating for the company in a report on Tuesday, July 19th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of C$24.79.
Shares of Potash Co. of Saskatchewan (TSE:POT) traded up 0.61% during midday trading on Tuesday, reaching $21.34. The company had a trading volume of 630,155 shares. The stock has a market capitalization of $17.91 billion and a price-to-earnings ratio of 26.35. Potash Co. of Saskatchewan has a 1-year low of $19.93 and a 1-year high of $29.29. The firm’s 50 day moving average price is $21.64 and its 200-day moving average price is $21.58.
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The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 2nd. Stockholders of record on Wednesday, October 12th will be issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date of this dividend is Friday, October 7th.
Potash Co. of Saskatchewan Company Profile
Potash Corporation of Saskatchewan Inc is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick.
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