Agrium Inc. (NYSE:AGU) (TSE:AGU) updated its FY17 earnings guidance on Tuesday. The company provided EPS guidance of $4.65-4.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.92.

Several equities research analysts have recently issued reports on AGU shares. HSBC Holdings plc assumed coverage on Agrium in a research note on Wednesday, October 11th. They set a buy rating and a $126.50 price target for the company. Royal Bank Of Canada raised their price target on Agrium from $110.00 to $115.00 and gave the stock an outperform rating in a research note on Friday, September 15th. Zacks Investment Research lowered Agrium from a hold rating to a sell rating in a research note on Wednesday, October 11th. TD Securities raised Agrium from a hold rating to a buy rating and raised their price target for the stock from $102.00 to $134.00 in a research note on Thursday, September 28th. Finally, Scotiabank raised Agrium from a sector perform rating to an outperform rating and set a $110.00 price target for the company in a research note on Monday, July 10th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating to the company’s stock. Agrium has an average rating of Buy and an average price target of $113.41.

Shares of Agrium Inc. (NYSE:AGU) traded down $0.61 during mid-day trading on Tuesday, reaching $107.22. The company had a trading volume of 336,321 shares, compared to its average volume of 247,319. Agrium Inc. has a 1 year low of $87.82 and a 1 year high of $111.88. The company has a current ratio of 1.34, a quick ratio of 0.81 and a debt-to-equity ratio of 0.67. The stock has a market cap of $14,730.00, a P/E ratio of 24.51, a price-to-earnings-growth ratio of 2.46 and a beta of 0.65.

The company also recently declared a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of record on Friday, September 29th were given a dividend of $0.875 per share. The ex-dividend date of this dividend was Thursday, September 28th. This represents a $3.50 dividend on an annualized basis and a yield of 3.26%. Agrium’s dividend payout ratio is currently 84.34%.

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About Agrium

Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company’s segments include Retail and Wholesale. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.

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