Agrium Inc. Can’t Burn Your Short Portfolio. Has Another Weak Session

 Agrium Inc. Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Agrium Inc. (TSE:AGU) is a huge mover today! About 176,714 shares traded hands. Agrium Inc. (TSE:AGU) has risen 3.79% since March 28, 2016 and is uptrending. It has outperformed by 0.78% the S&P500.
The move comes after 7 months negative chart setup for the $16.56B company. It was reported on Nov, 1 by Barchart.com. We have $113.94 PT which if reached, will make TSE:AGU worth $993.60 million less.

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 -3.06% below today’s ($121.21) stock price. Agrium Inc. has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Agrium Inc. (TSE:AGU) on Thursday, June 9 with “Outperform” rating. The firm earned “Hold” rating on Wednesday, September 21 by TD Securities. The rating was maintained by Scotia Capital on Friday, September 18 with “Focus Stock”. On Wednesday, August 31 the stock rating was maintained by RBC Capital Markets with “Outperform”.

Another recent and important Agrium Inc. (TSE:AGU) news was published by Fool.ca which published an article titled: “Making Sense of the Agrium Inc./Potash Corporation of Saskatchewan Inc. Merger” on October 19, 2016.

Agrium Inc. is a producer and distributor of agricultural services and products. The company has a market cap of $16.56 billion. The Firm categorizes its divisions within the Retail and Wholesale business units. It has a 14.43 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.TO 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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