CF Industries Holdings, Inc. (NYSE:CF) Given Average Recommendation of “Moderate Buy” by Analysts

CF Industries Holdings, Inc. (NYSE:CFGet Rating) has been assigned an average recommendation of “Moderate Buy” from the fifteen brokerages that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $111.50.

A number of equities analysts have recently weighed in on CF shares. Wells Fargo & Company started coverage on CF Industries in a report on Wednesday. They issued an “overweight” rating for the company. Citigroup upped their target price on CF Industries from $117.00 to $120.00 in a research note on Tuesday, October 4th. Royal Bank of Canada raised CF Industries from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $110.00 to $135.00 in a research report on Monday, October 3rd. Credit Suisse Group reissued an “underperform” rating on shares of CF Industries in a research report on Monday, January 9th. Finally, StockNews.com assumed coverage on CF Industries in a research report on Wednesday, October 12th. They issued a “buy” rating for the company.

Hedge Funds Weigh In On CF Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CF. Renaissance Technologies LLC lifted its holdings in shares of CF Industries by 331.9% in the second quarter. Renaissance Technologies LLC now owns 1,155,650 shares of the basic materials company’s stock valued at $99,074,000 after purchasing an additional 888,100 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of CF Industries by 78.1% during 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 acquiring an additional 799,020 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of CF Industries by 4.8% during 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 acquiring an additional 544,263 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of CF Industries by 58.2% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 1,005,841 shares of the basic materials company’s stock worth $86,231,000 after acquiring an additional 370,198 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. raised its holdings in shares of CF Industries by 316.3% during the third quarter. Jacobs Levy Equity Management Inc. now owns 482,822 shares of the basic materials company’s stock worth $46,472,000 after acquiring an additional 366,839 shares in the last quarter. 92.94% of the stock is owned by institutional investors.

CF Industries Stock Down 1.6 %

CF Industries stock opened at $84.63 on Thursday. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.66 and a quick ratio of 2.30. CF Industries has a 1-year low of $63.10 and a 1-year high of $119.60. The company has a market cap of $16.60 billion, a PE ratio of 5.55, a price-to-earnings-growth ratio of 1.00 and a beta of 1.06. The stock’s 50 day moving average price is $95.48 and its 200 day moving average price is $98.24.

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 analysts’ consensus estimates of $3.19 by ($0.64). CF Industries had a net margin of 28.70% and a return on equity of 50.92%. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.30 billion. On average, sell-side analysts predict that CF Industries will post 15.95 EPS for the current fiscal year.

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.

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Analyst Recommendations for CF Industries (NYSE:CF)

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