In a report released yesterday, Andrew Wong CFA from RBC Capital assigned a Buy rating to CF Holdings (CF – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $84.32.
According to TipRanks, Wong CFA is a 5-star analyst with an average return of 11.9% and a 51.96% success rate. Wong CFA covers the Basic Materials sector, focusing on stocks such as CF Holdings, Mosaic Co, and Nutrien.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CF Holdings with a $87.79 average price target.
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The company has a one-year high of $110.27 and a one-year low of $59.78. Currently, CF Holdings has an average volume of 2.18M.
Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CF in relation to earlier this year.
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CF Holdings (CF) Company Description:
CF Industries Holdings, Inc. engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other. The Ammonia segment produces anhydrous ammonia, which is company’s most concentrated nitrogen fertilizer product as it contains 82% nitrogen. The Granular Urea segment produces granular urea, which contains 46% nitrogen. The UAN segment produces urea ammonium nitrate solution, which is a liquid fertilizer product with a nitrogen content from 28% to 32%, is produced by combining urea and ammonium nitrate. The AN segment produces ammonium nitrate, which is a nitrogen-based product with a nitrogen content between 29% and 35%. The Other segment includes diesel exhaust fluid, nitric acid, urea liquor and aqua ammonia. The company was founded in 1946 and is headquartered in Deerfield, IL.
Read More on CF:
- Here’s Why CF Holdings (NYSE:CF) & Other Fertilizer Stocks Gained Yesterday
- CF Industries price target raised to $89 from $88 at Stifel
- Early notable gainers among liquid option names on September 26th
- CF Industries price target raised to $99 from $95 at UBS
- RBC says ruling potentially negative for phosphate makers, especially Mosaic
