Is Potash Corporation of Saskatchewan Inc a Buy? The Stock Rises Again

 Is Potash Corporation of Saskatchewan Inc a Buy? The Stock Rises Again

The stock of Potash Corporation of Saskatchewan Inc (TSE:POT) is a huge mover today! About 348,032 shares traded hands. Potash Corporation of Saskatchewan Inc (TSE:POT) has risen 14.78% since April 8, 2016 and is uptrending. It has outperformed by 9.80% the S&P500.
The move comes after 7 months positive chart setup for the $20.36 billion company. It was reported on Nov, 14 by Barchart.com. We have $32.84 PT which if reached, will make TSE:POT worth $7.33B more.

Potash Corporation of Saskatchewan Inc (TSE:POT) Ratings Coverage

Out of 6 analysts covering Potash Corp (TSE:POT), 1 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. $33 is the highest target while $15.50 is the lowest. The $25.94 average target is 7.41% above today’s ($24.15) stock price. Potash Corp has been the topic of 11 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Sector Perform” on Monday, January 25. The rating was downgraded by Macquarie Research on Monday, September 21 to “Underperform”.

More notable recent Potash Corporation of Saskatchewan Inc (TSE:POT) news were published by: Fool.ca which released: “Potash Corporation of Saskatchewan Inc.: Does the Recovery Have Legs?” on November 10, 2016, also Cnbc.com with their article: “Potash Corp, Agrium to merge to create $36 billion company” published on September 12, 2016, Nasdaq.com published: “Earnings Reaction History: Potash Corp of Saskatchewan Inc, 25.0% Follow …” on October 27, 2016. More interesting news about Potash Corporation of Saskatchewan Inc (TSE:POT) were released by: Fool.ca and their article: “RRSP Investors: Why You Need to Buy Potash Corporation of Saskatchewan Inc. Stock” published on October 29, 2016 as well as Nasdaq.com‘s news article titled: “Potash Corp. of Saskatchewan (POT) Shares Cross Above 200 DMA” with publication date: October 24, 2016.

Potash Corporation of Saskatchewan Inc. is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The company has a market cap of $20.36 billion. The Firm operates through three divisions: potash, nitrogen and phosphate. It has a 31.28 P/E ratio. It owns and operates approximately five potash activities in Saskatchewan and one in New Brunswick.

POT.TO Company Profile

Potash Corporation of Saskatchewan Inc. (PCS), incorporated on May 15, 2002, is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Firm operates through three divisions: potash, nitrogen and phosphate. The Firm owns and operates approximately five potash activities in Saskatchewan and one in New Brunswick. The Company’s nitrogen activities 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. The Company’s phosphate activities 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. The Firm has approximately four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.

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