Several brokerages have updated their recommendations and price targets on shares of Potash Co. of Saskatchewan (NYSE: POT) in the last few weeks:

  • 9/20/2016 – Potash Co. of Saskatchewan was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Estimates Potash Corp. have been stable of late. In a big move, Potash Corp. and Agrium have agreed to merge in a deal that would create the world’s biggest crop nutrient company.  The proposed merger is expected to create significant cost and operational synergies. The company should also gain from an improving demand environment and its strong operational capability. However, Potash Corp. faces headwinds associated with macroeconomic uncertainties stemming from weakness across specific developing markets. It is also exposed to challenges in its nitrogen business and a weak pricing environment. The prevailing softness in agricultural commodity pricing remains a headwind.”
  • 9/14/2016 – Potash Co. of Saskatchewan was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $20.00 price target on the stock, up previously from $16.16.
  • 9/14/2016 – Potash Co. of Saskatchewan had its “neutral” rating reaffirmed by analysts at Cleveland Research.
  • 9/14/2016 – Potash Co. of Saskatchewan was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $17.22 price target on the stock.
  • 9/13/2016 – Potash Co. of Saskatchewan was downgraded by analysts at Scotiabank from an “outperform” rating to a “sector perform” rating.
  • 9/13/2016 – Potash Co. of Saskatchewan was downgraded by analysts at Howard Weil to a “hold” rating.
  • 9/6/2016 – Potash Co. of Saskatchewan was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $17.36 price target on the stock.
  • 8/31/2016 – Potash Co. of Saskatchewan was given a new $14.00 price target on by analysts at Goldman Sachs Group Inc.. They now have a “neutral” rating on the stock.
  • 8/31/2016 – Potash Co. of Saskatchewan had its “neutral” rating reaffirmed by analysts at Citigroup Inc.. They now have a $17.00 price target on the stock.
  • 8/31/2016 – Potash Co. of Saskatchewan had its “hold” rating reaffirmed by analysts at RBC Capital Markets.
  • 8/30/2016 – Potash Co. of Saskatchewan was given a new $19.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 8/30/2016 – Potash Co. of Saskatchewan was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $19.20 price target on the stock.
  • 8/19/2016 – Potash Co. of Saskatchewan was upgraded by analysts at Edward Jones from a “hold” rating to a “buy” rating.
  • 8/17/2016 – Potash Co. of Saskatchewan had its “neutral” rating reaffirmed by analysts at Susquehanna. They now have a $16.00 price target on the stock, up previously from $14.00.
  • 8/1/2016 – Potash Co. of Saskatchewan had its “market perform” rating reaffirmed by analysts at BMO Capital Markets.
  • 7/29/2016 – Potash Co. of Saskatchewan had its “sell” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $11.00 price target on the stock.
  • 7/29/2016 – Potash Co. of Saskatchewan had its price target lowered by analysts at JPMorgan Chase & Co. from $17.00 to $16.00. They now have a “neutral” rating on the stock.

Potash Co. of Saskatchewan (NYSE:POT) traded up 0.25% during trading on Wednesday, hitting $15.98. The stock had a trading volume of 5,026,279 shares. Potash Co. of Saskatchewan has a 52 week low of $14.64 and a 52 week high of $22.37. The company has a market cap of $13.41 billion, a price-to-earnings ratio of 19.73 and a beta of 0.92. The company has a 50-day moving average of $16.55 and a 200 day moving average of $16.85.

Potash Co. of Saskatchewan (NYSE:POT) last released its earnings results on Thursday, July 28th. The fertilizer maker reported $0.18 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.18. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.18 billion. Potash Co. of Saskatchewan had a return on equity of 9.17% and a net margin of 13.20%. Potash Co. of Saskatchewan’s quarterly revenue was down 39.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.50 EPS. On average, equities research analysts anticipate that Potash Co. of Saskatchewan will post $0.53 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 2nd. Investors of record on Wednesday, October 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, October 7th. This represents a $0.40 annualized dividend and a dividend yield of 2.51%. Potash Co. of Saskatchewan’s dividend payout ratio is currently 123.46%.

Potash Corporation of Saskatchewan Inc is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick.

5 Day Chart for NYSE:POT

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