What Next for Potash Corporation of Saskatchewan Inc Stock After Today’s Huge Decline?

 What Next for Potash Corporation of Saskatchewan Inc Stock After Today's Huge Decline?

The stock of Potash Corporation of Saskatchewan Inc (TSE:POT) is a huge mover today! About 253,075 shares traded hands. Potash Corporation of Saskatchewan Inc (TSE:POT) has risen 3.61% since April 21, 2016 and is uptrending. It has underperformed by 1.80% the S&P500.
The move comes after 9 months negative chart setup for the $19.98B company. It was reported on Nov, 25 by Barchart.com. We have $22.99 PT which if reached, will make TSE:POT worth $599.40M less.

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. Potash Corp has been the topic of 11 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Macquarie Research downgraded Potash Corporation of Saskatchewan Inc (TSE:POT) on Monday, September 21 to “Underperform” rating. On Monday, January 25 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

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 Cnbc.com with their article: “Potash Corp, Agrium to merge to create $36 billion company” published on September 12, 2016, Prnewswire.com published: “Potash Corporation of Saskatchewan Inc. Declares Quarterly Dividend” on November 16, 2016. More interesting news about Potash Corporation of Saskatchewan Inc (TSE:POT) were released by: Fool.ca and their article: “Potash Corporation of Saskatchewan Inc.: Does the Recovery Have Legs?” published on November 10, 2016 as well as Fool.ca‘s news article titled: “Contrarian Investors: Potash Corporation of Saskatchewan Inc. Could Soar in 2017” with publication date: November 11, 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 $19.98 billion. The Firm operates through three divisions: potash, nitrogen and phosphate. It has a 30.83 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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