Potash Co. of Saskatchewan Inc (TSE:POT) had its price objective lifted by Royal Bank Of Canada from C$20.00 to C$25.00 in a report released on Tuesday, StockTargetPrices.com reports. Royal Bank Of Canada’s price target indicates a potential upside of 17.87% from the company’s current price.

Separately, TD Securities reduced their target price on shares of Potash Co. of Saskatchewan from C$17.00 to C$16.50 and set a “hold” rating on the stock in a report on Tuesday, July 19th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of C$24.79.

Analyst Recommendations for Potash Co. of Saskatchewan (TSE:POT)

Potash Co. of Saskatchewan (TSE:POT) traded down 0.24% during mid-day trading on Tuesday, hitting $21.16. 391,236 shares of the stock traded hands. The company has a 50 day moving average of $21.64 and a 200-day moving average of $21.58. Potash Co. of Saskatchewan has a 12-month low of $19.93 and a 12-month high of $29.29. The stock has a market cap of $17.76 billion and a PE ratio of 26.12.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/11/royal-bank-of-canada-increases-potash-co-of-saskatchewan-inc-pot-price-target-to-c25-00.html

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 2nd. Shareholders of record on Wednesday, October 12th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, October 7th. This represents a $0.40 dividend on an annualized basis and a yield of 1.89%.

About Potash Co. of Saskatchewan

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.

Stock Target Prices

Receive News & Ratings for Potash Co. of Saskatchewan Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Potash Co. of Saskatchewan Inc and related companies with MarketBeat.com's FREE daily email newsletter.