CF Industries (NYSE:CF) Price Target Lowered to $104.00 at UBS Group

CF Industries (NYSE:CFGet Rating) had its target price cut by UBS Group from $119.00 to $104.00 in a report published on Tuesday morning, The Fly reports. They currently have a buy rating on the basic materials company’s stock.

Several other research analysts have also recently weighed in on the company. Royal Bank of Canada upgraded CF Industries from a sector perform rating to an outperform rating and boosted their price target for the stock from $110.00 to $135.00 in a research note on Monday, October 3rd. Wells Fargo & Company started coverage on CF Industries in a report on Wednesday, January 18th. They issued an overweight rating and a $110.00 price objective for the company. Citigroup cut their price objective on CF Industries from $126.00 to $100.00 and set a buy rating for the company in a report on Friday, January 20th. StockNews.com started coverage on CF Industries in a report on Wednesday, October 12th. They issued a buy rating for the company. Finally, Credit Suisse Group reaffirmed an underperform rating on shares of CF Industries in a report on Monday, January 9th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $106.77.

CF Industries Stock Down 0.7 %

CF stock opened at $84.94 on Tuesday. CF Industries has a 1-year low of $66.16 and a 1-year high of $119.60. The business has a fifty day moving average price of $93.80 and a 200-day moving average price of $98.36. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.66 and a quick ratio of 2.30. The stock has a market capitalization of $16.66 billion, a P/E ratio of 5.57, a P/E/G ratio of 1.05 and a beta of 1.06.

CF Industries (NYSE:CFGet Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The basic materials company reported $2.55 earnings per share for the quarter, missing the consensus estimate of $3.19 by ($0.64). CF Industries had a return on equity of 50.92% and a net margin of 28.70%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.30 billion. Equities analysts forecast that CF Industries will post 15.95 earnings per share for the current fiscal year.

Hedge Funds Weigh In On CF Industries

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of CF Industries by 0.4% in the first quarter. Vanguard Group Inc. now owns 25,747,358 shares of the basic materials company’s stock worth $2,653,523,000 after acquiring an additional 94,482 shares during the period. Price T Rowe Associates Inc. MD lifted its position in shares of CF Industries by 4.8% in the third quarter. Price T Rowe Associates Inc. MD now owns 11,789,927 shares of the basic materials company’s stock worth $1,134,783,000 after buying an additional 544,263 shares in the last quarter. State Street Corp lifted its position in shares of CF Industries by 3.1% in the third quarter. State Street Corp now owns 9,216,702 shares of the basic materials company’s stock worth $887,108,000 after buying an additional 277,997 shares in the last quarter. Northern Trust Corp lifted its position in shares of CF Industries by 7.3% in the second quarter. Northern Trust Corp now owns 3,603,656 shares of the basic materials company’s stock worth $308,941,000 after buying an additional 244,136 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of CF Industries by 78.1% in the second quarter. AQR Capital Management LLC now owns 1,821,699 shares of the basic materials company’s stock worth $154,827,000 after buying an additional 799,020 shares in the last quarter. Institutional investors own 92.94% of the company’s stock.

About CF Industries

(Get Rating)

CF Industries Holdings, Inc manufactures and sells hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities worldwide. Its principal products include anhydrous ammonia, granular urea, urea ammonium nitrate, and ammonium nitrate products. The company also offers diesel exhaust fluid, urea liquor, nitric acid, and aqua ammonia products; and compound fertilizer products with nitrogen, phosphorus, and potassium.

Featured Articles

The Fly logo

Analyst Recommendations for CF Industries (NYSE:CF)

Receive News & Ratings for CF Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CF Industries and related companies with MarketBeat.com's FREE daily email newsletter.