CF Industries Holdings, Inc. (NYSE:CF) had its price target boosted by equities researchers at Royal Bank Of Canada from $27.00 to $32.00 in a report released on Friday. The firm currently has an “underperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 17.10% from the company’s current price.

Several other equities research analysts have also issued reports on CF. Zacks Investment Research upgraded CF Industries Holdings from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a report on Wednesday, October 25th. Credit Suisse Group set a $30.00 price target on CF Industries Holdings and gave the company a “hold” rating in a report on Friday, August 4th. Piper Jaffray Companies reiterated a “hold” rating on shares of CF Industries Holdings in a report on Friday, August 4th. ValuEngine upgraded CF Industries Holdings from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, BidaskClub lowered CF Industries Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $34.52.

CF Industries Holdings (NYSE CF) traded up $0.56 during trading hours on Friday, reaching $38.60. The company’s stock had a trading volume of 3,493,860 shares, compared to its average volume of 3,838,839. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.63 and a current ratio of 1.71. CF Industries Holdings has a 52 week low of $22.58 and a 52 week high of $39.04.

CF Industries Holdings (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.04). The firm had revenue of $870.00 million for the quarter, compared to analyst estimates of $733.63 million. CF Industries Holdings had a negative net margin of 10.95% and a negative return on equity of 2.29%. The firm’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.13 earnings per share. equities analysts forecast that CF Industries Holdings will post -0.6 earnings per share for the current fiscal year.

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In other CF Industries Holdings news, VP Bert A. Frost sold 6,400 shares of CF Industries Holdings stock in a transaction that occurred on Monday, August 7th. The stock was sold at an average price of $31.53, for a total value of $201,792.00. Following the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at approximately $1,883,349.96. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in CF. Thrivent Financial For Lutherans increased its position in shares of CF Industries Holdings by 4.4% during the first quarter. Thrivent Financial For Lutherans now owns 8,570 shares of the basic materials company’s stock valued at $252,000 after purchasing an additional 360 shares during the period. Amalgamated Bank grew its position in CF Industries Holdings by 6.1% in the first quarter. Amalgamated Bank now owns 16,376 shares of the basic materials company’s stock valued at $481,000 after acquiring an additional 941 shares during the period. Paloma Partners Management Co bought a new stake in CF Industries Holdings in the first quarter valued at $855,000. Janus Capital Management LLC grew its position in CF Industries Holdings by 291.5% in the first quarter. Janus Capital Management LLC now owns 137,267 shares of the basic materials company’s stock valued at $4,028,000 after acquiring an additional 102,202 shares during the period. Finally, Bank of Nova Scotia bought a new stake in CF Industries Holdings in the first quarter valued at $1,409,000.

About CF Industries Holdings

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

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