Is Buying Stock Like Potash Corporation of Saskatchewan Inc After Such Increase Winning Strategy?

 Is Buying Stock Like Potash Corporation of Saskatchewan Inc After Such Increase Winning Strategy?

The stock of Potash Corporation of Saskatchewan Inc (TSE:POT) is a huge mover today! About 136,738 shares traded hands. Potash Corporation of Saskatchewan Inc (TSE:POT) has risen 4.40% since April 20, 2016 and is uptrending. It has underperformed by 1.01% the S&P500.
The move comes after 8 months positive chart setup for the $19.73 billion company. It was reported on Nov, 24 by Barchart.com. We have $25.75 PT which if reached, will make TSE:POT worth $1.58B 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 8.81% above today’s ($23.84) stock price. Potash Corp has been the topic of 11 analyst reports since July 29, 2015 according to StockzIntelligence Inc. As per Monday, January 25, the company rating was maintained by RBC Capital Markets. Macquarie Research downgraded Potash Corporation of Saskatchewan Inc (TSE:POT) rating on Monday, September 21. Macquarie Research has “Underperform” rating and $22 price target.

More notable recent Potash Corporation of Saskatchewan Inc (TSE:POT) news were published by: Fool.ca which released: “Potash Corporation of Saskatchewan Inc. Continues to Recover: Should You Own …” on November 22, 2016, also Prnewswire.com with their article: “Potash Corporation of Saskatchewan Inc. Declares Quarterly Dividend” published on November 16, 2016, Fool.ca published: “Potash Corporation of Saskatchewan Inc.: Does the Recovery Have Legs?” on November 10, 2016. More interesting news about Potash Corporation of Saskatchewan Inc (TSE:POT) were released by: Fool.ca and their article: “Contrarian Investors: Potash Corporation of Saskatchewan Inc. Could Soar in 2017” published on November 11, 2016 as well as Fool.ca‘s news article titled: “RRSP Investors: Why You Need to Buy Potash Corporation of Saskatchewan Inc. Stock” with publication date: October 29, 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 $19.73 billion. The Firm operates through three divisions: potash, nitrogen and phosphate. It has a 31 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment