The stock of Agrium Inc. (TSE:AGU) is a huge mover today! About 59,085 shares traded hands. Agrium Inc. (TSE:AGU) has declined 2.07% since March 11, 2016 and is downtrending. It has underperformed by 7.55% the S&P500.
The move comes after 7 months positive chart setup for the $15.84B company. It was reported on Oct, 18 by Barchart.com. We have $180.93 PT which if reached, will make TSE:AGU worth $8.71B more.
Agrium Inc. (TSE:AGU) Ratings Coverage
Out of 4 analysts covering Agrium Inc. (TSE:AGU), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $139 is the highest target while $94 is the lowest. The $117.50 average target is 0.66% above today’s ($116.73) stock price. Agrium Inc. has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the stock with “Outperform” rating in Thursday, June 9 report. TD Securities maintained it with “Hold” rating and $94 target price in Wednesday, September 21 report. The rating was maintained by Scotia Capital with “Focus Stock” on Friday, September 18. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, August 31.
More news for Agrium Inc. (TSE:AGU) were recently published by: Seekingalpha.com, which released: “Rethinking Agrium Investment Following Announcement Of Mega-Merger With Potash …” on October 17, 2016. Business.Financialpost.com‘s article titled: “Why Potash Corp and Agrium Inc are better together” and published on September 21, 2016 is yet another important article.
Agrium Inc. is a producer and distributor of agricultural services and products. The company has a market cap of $15.84 billion. The Firm categorizes its divisions within the Retail and Wholesale business units. It has a 14.2 P/E ratio. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical divisions: North America, which includes the United States and Canada, and International, which includes Australia and South America.
AGU Company Profile
Agrium Inc., incorporated on December 21, 1992, is a producer and distributor of agricultural services and products in North America, South America, Australia and Egypt through its agricultural retail-distribution and wholesale nutrient businesses. The Firm supplies growers with services and products, such as crop nutrients, crop protection, seed, and agronomic and application services. The Firm categorizes its divisions within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical divisions: North America, which includes the United States and Canada, and International, which includes Australia and South America. The Wholesale business unit produces, markets and distributes crop nutrients and industrial products through businesses, including Nitrogen, which includes manufacturing in Alberta, Texas and Argentina; Potash, which includes mining and processing in Saskatchewan; Phosphate, which includes mining and production facilities in Alberta and Idaho, and Wholesale Other, which includes purchasing and reselling crop nutrient products from other suppliers to clients in the Americas and Europe, and producing blended crop nutrients and environmentally smart nitrogen (ESN) polymer-coated nitrogen crop nutrients. The Company’s services and solutions include agronomic analysis and advice, field scouting and monitoring, precision agriculture technology and product application services. The Company’s subsidiaries include Agrium, a general partnership, Agrium Europe S.A., Agrium U.S. Inc., Agroservicios Pampeanos S.A., Crop Production Services, Inc., Crop Production Services (Canada) Inc., Landmark Operations Ltd. and Loveland Products Inc.
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