Agrium (AGU) : The highest short term price target forecast on Agrium (AGU) is $130 and the lowest target price is $84. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $99.17 with a standard deviation of $11.65.
Agrium (AGU) : 13 analysts are covering Agrium (AGU) and their average rating on the stock is 2.08, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Agrium (AGU) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 5, which recommends a Strong Sell affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Also, Equity Analysts at the Barclays maintains the rating on Agrium (NYSE:AGU). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $96 per share to $98 per share. The rating by the firm was issued on August 18, 2016.
Agrium (NYSE:AGU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $96.18 and $95.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $96.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $96.66, notching a gain of 0.31% for the day. The total traded volume was 719,676 . The stock had closed at $96.36 on the previous day.
Agrium Inc. (Agrium) is a Canada-based producer and marketer of nutrients for agricultural and industrial markets. Agrium 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 operates through its two business units: Retail and Wholesale. Agrium Wholesale owns 16 production facilities in North and South America across the nitrogen, potash and phosphate spectrum; two mines; and a distribution and storage network throughout North America and internationally through Agrium Europe. Agrium Retail operates approximately 1,375 retail locations, 57 terminals, 8 plants and 18 distribution centers in North and South America, as well as Australia.