Royal Bank Of Canada Reiterates Outperform Rating for Potash Co. of Saskatchewan Inc (TSE:POT)

Potash Co. of Saskatchewan Inc (TSE:POT) (NYSE:POT)‘s stock had its “outperform” rating reissued by equities research analysts at Royal Bank Of Canada in a research report issued to clients and investors on Friday. They presently have a C$24.00 price objective on the stock. Royal Bank Of Canada’s price objective indicates a potential upside of 6.76% from the stock’s previous close.

A number of other equities analysts also recently weighed in on POT. Raymond James Financial, Inc. boosted their price target on shares of Potash Co. of Saskatchewan to C$26.00 and gave the stock a “market perform” rating in a report on Monday, May 1st. TD Securities reissued a “hold” rating and issued a C$24.00 price target on shares of Potash Co. of Saskatchewan in a report on Friday, April 28th. Finally, Scotiabank reissued a “sector perform” rating and issued a C$27.00 price target on shares of Potash Co. of Saskatchewan in a report on Friday, April 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of C$22.50.

Shares of Potash Co. of Saskatchewan (TSE POT) opened at 22.48 on Friday. The company has a market capitalization of $18.88 billion and a price-to-earnings ratio of 47.83. The firm’s 50-day moving average is $22.12 and its 200 day moving average is $23.26. Potash Co. of Saskatchewan has a 52-week low of $19.93 and a 52-week high of $26.62.

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About Potash Co. of Saskatchewan

Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.

Analyst Recommendations for Potash Co. of Saskatchewan (TSE:POT)

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