CF Industries Holdings, Inc. (CF) Price Target Raised to $33.00

CF Industries Holdings, Inc. (NYSE:CF) had its target price hoisted by Cowen and Company from $27.00 to $33.00 in a research report released on Wednesday morning, MarketBeat.com reports. They currently have a market perform rating on the basic materials company’s stock.

CF has been the topic of a number of other reports. Credit Suisse Group set a $30.00 price target on shares of CF Industries Holdings and gave the stock a hold rating in a report on Friday, August 4th. Royal Bank Of Canada cut their price target on shares of CF Industries Holdings from $25.00 to $23.00 and set an underperform rating on the stock in a report on Friday, July 14th. UBS AG reissued a buy rating and issued a $40.00 price target (up from $33.00) on shares of CF Industries Holdings in a report on Wednesday, October 4th. BidaskClub downgraded shares of CF Industries Holdings from a hold rating to a sell rating in a report on Tuesday, August 1st. Finally, HSBC Holdings plc started coverage on shares of CF Industries Holdings in a report on Wednesday, October 11th. They issued a hold rating and a $36.30 price target on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Hold and an average target price of $34.74.

Shares of CF Industries Holdings (CF) traded up $0.14 during trading hours on Wednesday, hitting $37.28. 3,391,200 shares of the company were exchanged, compared to its average volume of 3,893,835. The company has a current ratio of 1.71, a quick ratio of 1.51 and a debt-to-equity ratio of 0.80. CF Industries Holdings has a 52 week low of $25.04 and a 52 week high of $39.32.

CF Industries Holdings (NYSE:CF) last issued its quarterly earnings results on Wednesday, November 1st. The basic materials company reported ($0.39) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.35) by ($0.04). The company had revenue of $870.00 million during the quarter, compared to analysts’ expectations of $733.63 million. CF Industries Holdings had a negative return on equity of 2.29% and a negative net margin of 10.95%. CF Industries Holdings’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period last year, the firm posted $0.13 earnings per share. analysts expect that CF Industries Holdings will post -0.38 EPS for the current year.

WARNING: “CF Industries Holdings, Inc. (CF) Price Target Raised to $33.00” was originally published by BBNS and is the property of of BBNS. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://baseballnewssource.com/markets/cf-industries-holdings-inc-cf-price-target-raised-to-33-00/1767042.html.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Tuesday, November 14th. CF Industries Holdings’s dividend payout ratio is presently -65.57%.

Several institutional investors and hedge funds have recently made changes to their positions in CF. Thrivent Financial For Lutherans increased its position in shares of CF Industries Holdings by 4.4% during the first quarter. Thrivent Financial For Lutherans now owns 8,570 shares of the basic materials company’s stock valued at $252,000 after buying an additional 360 shares during the period. Janus Capital Management LLC increased its position in shares of CF Industries Holdings by 291.5% during the first quarter. Janus Capital Management LLC now owns 137,267 shares of the basic materials company’s stock valued at $4,028,000 after buying an additional 102,202 shares during the period. Nomura Asset Management Co. Ltd. increased its position in shares of CF Industries Holdings by 1.7% during the first quarter. Nomura Asset Management Co. Ltd. now owns 31,668 shares of the basic materials company’s stock valued at $930,000 after buying an additional 533 shares during the period. Xact Kapitalforvaltning AB increased its position in shares of CF Industries Holdings by 2.1% during the second quarter. Xact Kapitalforvaltning AB now owns 38,990 shares of the basic materials company’s stock valued at $1,090,000 after buying an additional 791 shares during the period. Finally, Bank of Montreal Can increased its position in shares of CF Industries Holdings by 31.9% during the second quarter. Bank of Montreal Can now owns 542,655 shares of the basic materials company’s stock valued at $15,173,000 after buying an additional 131,324 shares during the period.

CF Industries Holdings Company Profile

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

Receive News & Ratings for CF Industries Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries Holdings Inc. and related companies with our FREE daily email newsletter.

 


Latest News

MLB Commissioner: New Rule for Pace-of-Play in 2018
MLB Commissioner: New Rule for Pace-of-Play in 2018
Alex Cobb Could Be Good Fit for Cubs
Alex Cobb Could Be Good Fit for Cubs
Joey Votto Is One of Baseball’s Best Hitters
Joey Votto Is One of Baseball’s Best Hitters
Hunter Pence May Become Part-Time Player
Hunter Pence May Become Part-Time Player
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Perfect 300 Bowled by Red Sox Right Fielder Mookie Betts
Brandon Morrow Becomes Hot Commodity
Brandon Morrow Becomes Hot Commodity


Leave a Reply

 
© 2006-2017 BBNS.