Potash Corp (NYSE: POT) was upgraded by equities research analysts at Susquehanna to a “positive” rating in a research note issued to investors on Tuesday.
Separately, analysts at Zacks Investment Research downgraded shares of Potash Corp from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, December 23rd. They now have a $45.00 price target on the stock. Analysts at RBC Capital (NYSE: RY) upgraded shares of Potash Corp from a “sector perform” rating to an “outperform” rating in a research note to investors on Thursday, December 22nd. They now have a $50.00 price target on the stock, down previously from $58.00. Also, analysts at UBS AG (NYSE: UBS) cut their price target on shares of Potash Corp to $65.00 in a research note to investors on Wednesday, December 14th. They now have a “buy” rating on the stock.
Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. The Company owns and operates five potash mines in Saskatchewan and one in New Brunswick. It also holds mineral rights at the Esterhazy mine and potash is produced under a mining and processing agreement with a third party. Its phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, animal feed supplements and industrial acid, which is used in food products and industrial processes. PCS also has a phosphate mine and two mineral processing plant complexes in northern Florida and six phosphate feed plants in the United States. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. PCS has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad.
Shares of Potash Corp opened at 41.28 on Tuesday. Potash Corp has a 52 week low of $38.42 and a 52 week high of $63.9667. The stock’s 50-day moving average is $41.87 and its 200-day moving average is $50.37. The company has a market cap of $35.355 billion and a price-to-earnings ratio of 12.45.