Brokerage Firm Rating Update on Potash Corporation of Saskatchewan (POT)

Potash Corporation of Saskatchewan (POT) has an average broker rating of 2.79, which is interpreted as a Hold, as rated by 14 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 7 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Potash Corporation of Saskatchewan (POT) stock is expected to deviate a maximum of $3.58 from the average target price of $16.28 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $23 and the most muted being $11.


Company shares have received an average consensus rating of Hold for the current week Also, Barclays terminates its rating on Potash Corporation of Saskatchewan (NYSE:POT). The shares were previously rated Underweight. The rating by the firm was issued on August 31, 2016.

Potash Corporation of Saskatchewan (NYSE:POT): The stock was completely flat for the day, closing at $17.66 on Wednesday. The flat closing masks the intraday volatility in the stock. After opening at $17.60, the stock touched an intraday high of $17.86 and a low of $17.51. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $17.66. The total trading volume on Wednesday was 5,409,693.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash, nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The Companys phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.

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