Research analysts at Stephens assumed coverage on shares of Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) in a research report issued on Monday. The brokerage set an “overweight” rating and a $23.00 price target on the fertilizer maker’s stock. Stephens’ price target indicates a potential upside of 20.99% from the stock’s current price.

POT has been the subject of a number of other research reports. Stifel Nicolaus reissued a “buy” rating and set a $20.50 target price on shares of Potash Co. of Saskatchewan in a research report on Thursday, September 14th. started coverage on shares of Potash Co. of Saskatchewan in a research report on Wednesday, October 11th. They set a “buy” rating and a $24.25 target price for the company. Royal Bank Of Canada raised their price target on shares of Potash Co. of Saskatchewan from $19.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, September 15th. Cowen reaffirmed a “hold” rating on shares of Potash Co. of Saskatchewan in a report on Friday, September 1st. Finally, TD Securities raised shares of Potash Co. of Saskatchewan from a “hold” rating to a “buy” rating and raised their price target for the stock from $17.50 to $24.00 in a report on Thursday, September 28th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Potash Co. of Saskatchewan presently has an average rating of “Buy” and an average price target of $20.25.

Potash Co. of Saskatchewan (POT) traded down $0.64 during trading hours on Monday, reaching $19.01. 5,443,900 shares of the company were exchanged, compared to its average volume of 4,845,112. Potash Co. of Saskatchewan has a 12 month low of $15.74 and a 12 month high of $20.26. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.99 and a quick ratio of 0.50. The stock has a market capitalization of $16,509.22, a PE ratio of 39.30, a price-to-earnings-growth ratio of 4.80 and a beta of 0.45.

Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) last posted its earnings results on Thursday, October 26th. The fertilizer maker reported $0.09 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.03). Potash Co. of Saskatchewan had a net margin of 10.21% and a return on equity of 5.01%. The firm had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the previous year, the company earned $0.10 EPS. The company’s revenue was up 8.6% on a year-over-year basis. equities analysts anticipate that Potash Co. of Saskatchewan will post 0.63 earnings per share for the current fiscal year.

Several large investors have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC increased its stake in shares of Potash Co. of Saskatchewan by 5.7% in the third quarter. First Eagle Investment Management LLC now owns 57,457,469 shares of the fertilizer maker’s stock worth $1,105,482,000 after acquiring an additional 3,101,115 shares during the period. Capital International Investors increased its stake in shares of Potash Co. of Saskatchewan by 93.9% in the third quarter. Capital International Investors now owns 32,912,740 shares of the fertilizer maker’s stock worth $633,378,000 after acquiring an additional 15,938,140 shares during the period. Jarislowsky Fraser Ltd increased its stake in shares of Potash Co. of Saskatchewan by 42.5% in the third quarter. Jarislowsky Fraser Ltd now owns 26,998,779 shares of the fertilizer maker’s stock worth $518,539,000 after acquiring an additional 8,052,975 shares during the period. Vanguard Group Inc. increased its stake in shares of Potash Co. of Saskatchewan by 4.3% in the second quarter. Vanguard Group Inc. now owns 19,579,208 shares of the fertilizer maker’s stock worth $319,141,000 after acquiring an additional 804,672 shares during the period. Finally, Carmignac Gestion increased its stake in shares of Potash Co. of Saskatchewan by 0.4% in the second quarter. Carmignac Gestion now owns 12,299,830 shares of the fertilizer maker’s stock worth $200,487,000 after acquiring an additional 43,900 shares during the period. Hedge funds and other institutional investors own 59.83% of the company’s stock.

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Potash Co. of Saskatchewan Company Profile

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

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

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