CF Industries Holdings, Inc. (NYSE:CF) was upgraded by equities research analysts at Vetr from a “sell” rating to a “strong-buy” rating in a research note issued on Monday. The brokerage presently has a $38.00 price objective on the stock. Vetr‘s price target indicates a potential upside of 28.77% from the stock’s previous close.
Other research analysts have also issued reports about the company. Credit Suisse Group AG set a $39.00 price objective on CF Industries Holdings and gave the company a “buy” rating in a report on Thursday, February 16th. Barclays PLC downgraded CF Industries Holdings from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $25.00 to $30.00 in a research note on Monday, December 12th. They noted that the move was a valuation call. Wood & Company downgraded CF Industries Holdings to an “underperform” rating in a research note on Tuesday, November 22nd. Royal Bank of Canada downgraded CF Industries Holdings from a “sector perform” rating to an “underperform” rating and set a $22.00 target price on the stock. in a research note on Tuesday, November 22nd. They noted that the move was a valuation call. Finally, Bank of America Corp upgraded CF Industries Holdings from an “underperform” rating to a “buy” rating and set a $40.00 price target on the stock in a research report on Friday, January 20th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $32.15.
CF Industries Holdings (NYSE:CF) opened at 29.51 on Monday. The company has a 50 day moving average of $31.89 and a 200-day moving average of $28.96. The stock’s market capitalization is $6.88 billion. CF Industries Holdings has a one year low of $20.77 and a one year high of $37.17.
CF Industries Holdings (NYSE:CF) last announced its quarterly earnings data on Wednesday, February 15th. The company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.33. The firm earned $867 million during the quarter, compared to analyst estimates of $902.14 million. CF Industries Holdings had a net margin of 1.77% and a return on equity of 5.94%. During the same period in the prior year, the company posted $0.76 earnings per share. Equities research analysts predict that CF Industries Holdings will post $0.27 earnings per share for the current fiscal year.
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Several large investors have recently modified their holdings of CF. Bank of Montreal Can boosted its stake in shares of CF Industries Holdings by 23.9% in the third quarter. Bank of Montreal Can now owns 558,992 shares of the company’s stock worth $13,612,000 after buying an additional 107,879 shares during the last quarter. Peddock Capital Advisors LLC purchased a new stake in shares of CF Industries Holdings during the third quarter worth $307,000. Genesee Valley Trust Co. boosted its stake in shares of CF Industries Holdings by 9.4% in the third quarter. Genesee Valley Trust Co. now owns 28,583 shares of the company’s stock worth $696,000 after buying an additional 2,464 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of CF Industries Holdings by 110.0% in the third quarter. Nisa Investment Advisors LLC now owns 25,520 shares of the company’s stock worth $621,000 after buying an additional 13,370 shares during the last quarter. Finally, Creative Planning boosted its stake in shares of CF Industries Holdings by 2,187.6% in the third quarter. Creative Planning now owns 28,046 shares of the company’s stock worth $683,000 after buying an additional 26,820 shares during the last quarter. 99.75% of the stock is owned by institutional investors and hedge funds.
About CF Industries Holdings
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).
To view Vetr’s full report, visit Vetr’s official website.
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