Shares of Potash Co. of Saskatchewan (NYSE:POT) (TSE:POT) have been assigned a consensus recommendation of “Buy” from the fourteen brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, eight have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $20.84.
Several equities analysts have weighed in on POT shares. started coverage on Potash Co. of Saskatchewan in a report on Wednesday, October 11th. They set a “buy” rating and a $24.25 target price on the stock. BMO Capital Markets restated a “market perform” rating and set a $17.50 target price (up from $17.00) on shares of Potash Co. of Saskatchewan in a report on Friday, October 6th. Royal Bank of Canada restated a “buy” rating and set a $20.00 target price on shares of Potash Co. of Saskatchewan in a report on Wednesday, October 18th. Zacks Investment Research lowered Potash Co. of Saskatchewan from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Finally, Stephens started coverage on Potash Co. of Saskatchewan in a report on Monday, December 4th. They set an “overweight” rating and a $23.00 target price on the stock.
Potash Co. of Saskatchewan (POT) opened at $20.65 on Friday. Potash Co. of Saskatchewan has a 1-year low of $15.74 and a 1-year high of $21.04. The company has a current ratio of 0.99, a quick ratio of 0.50 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $17,350.00, a PE ratio of 38.96, a price-to-earnings-growth ratio of 5.10 and a beta of 0.46.
Institutional investors have recently bought and sold shares of the company. Cerebellum GP LLC bought a new position in shares of Potash Co. of Saskatchewan in the fourth quarter worth about $130,000. San Francisco Sentry Investment Group CA bought a new position in shares of Potash Co. of Saskatchewan in the second quarter worth about $104,000. Price Wealth Management Inc. bought a new position in shares of Potash Co. of Saskatchewan in the fourth quarter worth about $143,000. Patriot Financial Group Insurance Agency LLC increased its stake in shares of Potash Co. of Saskatchewan by 5,642.7% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 7,523 shares of the fertilizer maker’s stock worth $143,000 after purchasing an additional 7,392 shares during the period. Finally, Valeo Financial Advisors LLC bought a new position in shares of Potash Co. of Saskatchewan in the third quarter worth about $150,000. Institutional investors and hedge funds own 59.60% of the company’s stock.
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About Potash Co. of Saskatchewan
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.
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