A statement released earlier today by Vetr Inc. about Potash Corporation of Saskatchewan (USA) (NYSE:POT) raises the target price to $21.00
- Updated: September 22, 2016
Yesterday Potash Corporation of Saskatchewan (USA) (NYSE:POT) traded 1.43% higher at $16.09. The company’s 50-day moving average is $16.58 and its 200-day moving average is $16.84. The last closing price is down -3.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 6,695,631 shares of the stock traded hands, down from an average trading volume of 10,524,500
Vetr Inc. bumped up the target of Potash Corporation of Saskatchewan (USA) (NYSE:POT) to $21.00 stating a potential upside of 0.31%.
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Potash Corporation of Saskatchewan (USA) has a 52 week low of $14.64 and a 52 week high of $22.37 with a P/E ratio of 20.15 The company’s market cap is currently $0.
In addition to Vetr Inc. reporting its stock price target, a total of 25 brokers have issued a research note on the company. The average stock price target is $17.21 with 4 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 14 brokers rating the stock a hold, 6 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Potash Corporation of Saskatchewan (USA) (NYSE:POT)
Potash Corporation of Saskatchewan Inc. is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately 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. Its phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid that is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. It has over four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.
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