-
Credit Suisse Updates 6/24/11
Friday, June 24, 2011 - 7:21am | 325Credit Suisse made a number of updates in a research report published today, Southern Company (NYSE: SO) had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its...
-
Credit Suisse Changes PT On AGU, CAH, DFS, MU
Friday, June 24, 2011 - 5:48am | 71Credit Suisse has changed the price target on the following companies: Agrium (NYSE: AGU) Outperform, from $108 to $111 Cardinal Health (NYSE: CAH) Outperform, from $51 to $53 Discover Financial Services (NYSE: DFS) Neutral, from $25 to $28 Micron Technology (NASDAQ: MU) Outperform, from $15 to...
-
Citi Upgrades Mosaic and Potash to Buy
Tuesday, May 31, 2011 - 9:47am | 142Citi upgraded the Mosaic Company (NYSE: MOS) and Potash Corporation/Saskatchewan (NYSE: POT) to Buy. At the same time, Citi increased its price target on Mosaic to $85 from $84, while the price target for Potash was raised to $67 from $61. In a research report published today, Citi states, "We are...
-
Citigroup Upgrades MOS, POT To Buy, Raises PT On AGU
Tuesday, May 31, 2011 - 6:03am | 68Citigroup has upgraded the following companies: The Mosaic Company (NYSE: MOS) from Hold to Buy, PT Raised from $84 to $85 Potash Corporation (NYSE: POT) from Hold to Buy, PT raised from $61 to $67 Citigroup has also raised the price target on Agrium (NYSE: USA) from $94 to $96
-
J.P. Morgan Upgrades EPS On Agrium, Maintains Overweight (AGU)
Thursday, May 5, 2011 - 8:59am | 154J.P. Morgan upgraded its earnings per share estimates on Agrium (NYSE: AGU) in a research report published today. J.P. Morgan left its price target at $105 and Overweight rating unchanged, however. In the report, J.P. Morgan states, "Agrium is likely to earn somewhat less than Consensus...
-
J.P. Morgan Raises PT on Agrium to $105 (AGU)
Thursday, February 10, 2011 - 9:50am | 144J.P. Morgan is out with its report today on Agrium (NYSE: AGU), raising its price target from $95 to $105. In a note to clients, J.P. Morgan states, "We rate Agrium Overweight. AGU shares currently trade at an Enterprise Value/EBITDA multiple of 7.3x our 2011 EBITDA estimate. We raised our December...
-
JP Morgan Raises PT On Agrium To $105
Thursday, February 10, 2011 - 8:38am | 27JP Morgan has raised the price target on Agrium, Inc. (NYSE: AGU) from $95 to $105 and maintains its Overweight rating.
-
NA Fertilizer Stocks Performed Well In 2010, J.P. Morgan Reports
Thursday, January 6, 2011 - 12:15pm | 287J.P. Morgan reports that the North American fertilizer stocks have performed especially well over the previous 12 months, as have just about any publicly traded assets connected with agriculture. “The Mosaic Company (NYSE: MOS) is 22% higher, but its appreciation is the smaller of the North...
-
JP Morgan Raises 2011 Estimates On Agrium
Friday, December 31, 2010 - 9:15am | 154JP Morgan has published a research report on Agrium, Inc. (NYSE: AGU) and is raising 2011 estimates on the company. In the report, JP Morgan writes "Fertilizer fundamentals rest on very healthy crop pricing and excellent farmer economics as we approach the 2011 spring selling season. Harvest month...
-
CF Industries Echoes Agrium In 3Q
Monday, November 8, 2010 - 8:04am | 156JP Morgan has published a research report on CF Industries Holdings, Inc. (NYSE: CF) following the company's 3Q earnings report and comparison to Agrium's (NYSE: AGU) business experience. In the report, JP Morgan writes "Average product prices for the quarter experienced by CF were meaningfully...
-
BHP Denies Plan To Sell Potash Assets
Tuesday, August 31, 2010 - 9:26am | 191BHP Billiton (NYSE: BHP) denied comments Monday that it plans to sell off any of Potash Corp's (NYSE: IPI) assets if it succeeds with its $38.6 billion bid for the world's largest fertilizer producer. If it decided to do so, BHP may find a ready buyer in Agrium Inc. (NYSE: AGU), a Canadian...
-
CF Industries Shares Jump On Takeover Talk
Friday, January 15, 2010 - 1:53pm | 213The shares of CF Industries Holdings Inc. (NYSE: CF) rose after the start of trading on Friday morning due to speculation that Agrium Inc. (NYSE: AGU) could more easily proceed with its plans to take over CF because CF had withdrawn a hostile bid of its own for another rival company on Thursday. "...
-
Agrium raises offer on CF Industries
Thursday, November 5, 2009 - 8:48am | 59Agrium Inc (NYSE: AGU) has raised the exchange offer to acquire all of the outstanding shares of CF Industries Holdings Inc (NYSE: CF) to $92.99 per CF share. Under the terms of this final offer, CF stockholders would receive $45.00 in cash, representing an increase of $5.00, or 12.5% hike. This...