Agrium (NYSE:AGU) was upgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a report issued on Thursday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC upgraded shares of Agrium from a “neutral” rating to an “overweight” rating in a research note to investors on Monday. They now have a $105.00 price target on the stock, up previously from $95.00. Separately, analysts at Goldman Sachs Group Inc. reiterated a “hold” rating on shares of Agrium in a research note to investors on Thursday, October 10th. They now have a $86.00 price target on the stock. Finally, analysts at UBS AG downgraded shares of Agrium from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, August 21st. They now have a $117.00 price target on the stock, up previously from $95.00. Three investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company. Agrium has a consensus rating of “Hold” and a consensus target price of $104.52.
Agrium (NYSE:AGU) opened at 87.23 on Thursday. Agrium has a one year low of $77.19 and a one year high of $115.31. The stock’s 50-day moving average is $86.13 and its 200-day moving average is $88.16. The company has a market cap of $12.823 billion and a price-to-earnings ratio of 9.67.
Agrium (NYSE:AGU) last posted its quarterly earnings results on Tuesday, November 5th. The company reported $0.50 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.58 by $0.08. The company had revenue of $2.87 billion for the quarter, compared to the consensus estimate of $2.84 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. Analysts expect that Agrium will post $8.13 EPS for the current fiscal year.
Agrium Inc (NYSE:AGU), is a global producer and marketer of nutrients for agricultural and industrial markets.
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