CF Industries (NYSE:CF) Receives “Sell” Rating from Rothschild & Co Redburn

CF Industries (NYSE:CF)‘s stock had its “sell” rating reissued by stock analysts at Rothschild & Co Redburn in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They presently have a $72.00 price target on the basic materials company’s stock. Rothschild & Co Redburn’s price objective points to a potential downside of 22.13% from the stock’s current price.

Other analysts have also issued research reports about the stock. UBS Group cut their target price on shares of CF Industries from $91.00 to $86.00 and set a “neutral” rating on the stock in a research report on Monday, January 12th. CIBC began coverage on CF Industries in a research note on Tuesday, December 2nd. They issued a “neutral” rating and a $87.00 price target for the company. HSBC cut their price objective on CF Industries from $95.00 to $91.00 and set a “hold” rating on the stock in a report on Monday, November 24th. BNP Paribas Exane upped their target price on CF Industries from $80.00 to $90.00 and gave the stock a “neutral” rating in a report on Wednesday, January 21st. Finally, Royal Bank Of Canada lifted their price target on CF Industries from $90.00 to $95.00 and gave the company a “sector perform” rating in a research note on Tuesday, January 20th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $87.07.

CF Industries Stock Up 2.9%

Shares of NYSE CF opened at $92.47 on Wednesday. The company has a market cap of $14.42 billion, a price-to-earnings ratio of 11.14 and a beta of 0.70. The company has a current ratio of 2.27, a quick ratio of 1.99 and a debt-to-equity ratio of 0.39. CF Industries has a 12 month low of $67.34 and a 12 month high of $104.45. The stock has a 50-day moving average price of $82.17 and a two-hundred day moving average price of $84.85.

CF Industries (NYSE:CF) last announced its quarterly earnings results on Wednesday, November 5th. The basic materials company reported $2.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.06 by $0.13. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.59 billion. CF Industries had a net margin of 20.47% and a return on equity of 18.14%. The firm’s revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.55 EPS. As a group, analysts forecast that CF Industries will post 5.83 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CF Industries

A number of hedge funds have recently made changes to their positions in the stock. Denali Advisors LLC boosted its position in shares of CF Industries by 30.9% during the 4th quarter. Denali Advisors LLC now owns 11,020 shares of the basic materials company’s stock valued at $852,000 after purchasing an additional 2,600 shares in the last quarter. Manning & Napier Advisors LLC lifted its stake in CF Industries by 17.6% in the fourth quarter. Manning & Napier Advisors LLC now owns 11,303 shares of the basic materials company’s stock valued at $874,000 after buying an additional 1,694 shares during the period. Crossmark Global Holdings Inc. boosted its holdings in shares of CF Industries by 9.6% during the 4th quarter. Crossmark Global Holdings Inc. now owns 9,060 shares of the basic materials company’s stock worth $701,000 after buying an additional 795 shares in the last quarter. Ethic Inc. grew its position in shares of CF Industries by 24.2% during the 4th quarter. Ethic Inc. now owns 8,038 shares of the basic materials company’s stock worth $622,000 after buying an additional 1,568 shares during the period. Finally, Wesbanco Bank Inc. bought a new stake in shares of CF Industries in the 4th quarter valued at $222,000. 93.06% of the stock is currently owned by institutional investors.

CF Industries Company Profile

CF Industries Holdings, Inc is a leading global manufacturer of hydrogen and nitrogen products for agricultural and industrial customers. The company specializes in the production of ammonia, granular urea, urea ammonium nitrate (UAN), nitric acid and ammonium nitrate, which serve as key inputs for fertilizer blends, industrial chemicals and other downstream applications.

Headquartered in Deerfield, Illinois, CF Industries operates production facilities and distribution terminals across North America and the United Kingdom.