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Scotiabank downgraded Potash Corporation of Saskatchewan (USA) (NYSE:POT) to Sector Perform in a report released today.

Scotiabank has downgraded Potash Corporation of Saskatchewan (USA)(NYSE:POT) to Sector Perform in a statement released on 9/13/2016.

On 9/06/2016, Vetr Inc. reported about Potash Corporation of Saskatchewan (USA)(NYSE:POT) raised the target price from $0.00 to $17.36 that suggested a downside of -0.04%.

Only yesterday Potash Corporation of Saskatchewan (USA) (NYSE:POT) traded 1.05% lower at $16.76. The company’s 50-day average is $16.56 and its 200-day average is $16.91. With the last stock price close down 5.44% relative to the 200-day average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. 11,058,052 shares of the stock traded, up from ann avg. volume of 10,306,300.

Performance Chart:

Potash Corporation of Saskatchewan (USA) (NYSE:POT)

Potash Corporation of Saskatchewan (USA) has a 52 week low of $14.64 and a 52 week high of $25.55 with a price-earnings ratio of 20 and has a total market value of $0.0.

In addition to Scotiabank reporting it’s stock price target, a total of 25 firms have reported on POT. The one year target is $17.21 with four analysts rating the stock a strong buy, three analysts rating the stock a buy, 14 firms rating the stock a hold, six firms rating the stock to underperform, and lastly 0 firmsrating the stock as sell.

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, and Louisiana facility.

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