CF Industries Holdings (NYSE: CF) was upgraded by equities research analysts at Goldman Sachs (NYSE: GS) from a “neutral” rating to a “buy” rating in a research note issued to investors on Tuesday.
Separately, analysts at Credit Suisse (NYSE: CS) downgraded shares of CF Industries Holdings from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday. Analysts at Dahlman Rose downgraded shares of CF Industries Holdings from a “buy” rating to a “hold” rating in a research note to investors on Monday. They now have a $180.00 price target on the stock. Also, analysts at Bank of America (NYSE: BAC) initiated coverage on shares of CF Industries Holdings in a research note to investors on Friday, January 20th. They set a “buy” rating on the stock.
CF Industries Holdings, Inc. (CF Holdings) is a manufacturer and distributor of nitrogen and phosphate fertilizer products. CF Holdings operates in two segments: the nitrogen segment and the phosphate segment. Its principal products in the nitrogen segment are ammonia, urea, urea ammonium nitrate solution (UAN), ammonium nitrate (AN), diesel exhaust fluid (DEF) and aqua ammonia. Its principal products in the phosphate segment are diammonium phosphate (DAP) and monoammonium phosphate (MAP). The Company’s market and distribution facilities are concentrated in the Midwestern United States grain-producing states, and other agricultural areas of the United States and Canada. During the year ended December 31, 2010, the Company sold 11.5 million tons of nitrogen fertilizers and 1.9 million tons of phosphate fertilizers. In April 2010, it acquired Terra Industries Inc. (Terra), a North American producer and marketer of nitrogen fertilizer products.
Shares of CF Industries Holdings traded down 0.94% during mid-day trading on Tuesday, hitting $175.39. CF Industries Holdings has a one year low of $115.34 and a one year high of $192.70. The stock’s 50-day moving average is $155.7 and its 200-day moving average is $157.8. The company has a market cap of $11.633 billion and a P/E ratio of 9.74.