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A statement released earlier today by RBC Capital Markets about Potash Corporation (TSE:POT) bumps the target price to $24.35

Yesterday Potash Corporation (TSE:POT) traded 2.10% higher at $22.80. The company’s 50-day moving average is $22.00 and its 200-day moving average is $22.30. The last stock close price is up 2.26% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 7,044,722 shares of the stock were exchanged, up from an average trading volume of 1,423,420

RBC Capital Markets bumped up the target of Potash Corporation (TSE:POT) to $24.35 indicating a possible upside of 0.07%.

Previously on 7/14/2017, RBC Capital Markets reported about Potash Corporation (TSE:POT) raised the target price from $0.00 to $24.00. At the time, this indicated a possible upside of 0.07%.

See Chart Below

Potash Corporation (TSE:POT)

Potash Corporation has a 52 week low of $20.67 and a 52 week high of $26.62 with a P/E ratio of 40.14 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is $16.96 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Potash Corporation (TSE:POT)

Potash Corporation of Saskatchewan Inc. (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned 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. Its 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. As of December 31, 2016, the Company had four phosphate feed plants in the United States.

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