Potash Corp. of Saskatchewan (NYSE:POT) (TSE:POT) received a $15.75 price target from analysts at HSBC in a note issued to investors on Tuesday. The brokerage currently has a “neutral” rating on the fertilizer maker’s stock. HSBC’s price objective indicates a potential downside of 10.46% from the company’s current price.

POT has been the subject of a number of other research reports. Atlantic Securities upgraded Potash Corp. of Saskatchewan from an “underweight” rating to a “neutral” rating and set a $16.00 target price for the company in a research note on Monday, October 31st. Zacks Investment Research lowered Potash Corp. of Saskatchewan from a “hold” rating to a “sell” rating in a research note on Tuesday, October 18th. Vetr lowered Potash Corp. of Saskatchewan from a “buy” rating to a “hold” rating and set a $17.36 target price for the company. in a research note on Tuesday, September 6th. Sanford C. Bernstein set a $19.00 target price on Potash Corp. of Saskatchewan and gave the stock a “buy” rating in a research note on Tuesday, August 30th. Finally, Cleveland Research restated a “neutral” rating on shares of Potash Corp. of Saskatchewan in a research note on Wednesday, September 14th. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $17.11.

Analyst Recommendations for Potash Corp. of Saskatchewan (NYSE:POT)

Potash Corp. of Saskatchewan (NYSE:POT) opened at 17.59 on Tuesday. Potash Corp. of Saskatchewan has a 1-year low of $14.64 and a 1-year high of $20.43. The stock has a 50 day moving average price of $16.69 and a 200-day moving average price of $16.58. The company has a market cap of $14.77 billion, a price-to-earnings ratio of 30.86 and a beta of 0.61.

Potash Corp. of Saskatchewan (NYSE:POT) last posted its quarterly earnings data on Thursday, October 27th. The fertilizer maker reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.09 by $0.01. The firm earned $1.14 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Potash Corp. of Saskatchewan had a return on equity of 6.94% and a net margin of 10.06%. The business’s quarterly revenue was down 25.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.34 EPS. On average, equities research analysts forecast that Potash Corp. of Saskatchewan will post $0.50 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 2nd. Stockholders of record on Thursday, January 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Tuesday, January 10th. Potash Corp. of Saskatchewan’s dividend payout ratio is currently 70.18%.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sigma Planning Corp boosted its position in shares of Potash Corp. of Saskatchewan by 0.3% in the second quarter. Sigma Planning Corp now owns 10,589 shares of the fertilizer maker’s stock valued at $172,000 after buying an additional 29 shares in the last quarter. Callahan Advisors LLC boosted its position in shares of Potash Corp. of Saskatchewan by 1.0% in the second quarter. Callahan Advisors LLC now owns 10,200 shares of the fertilizer maker’s stock valued at $166,000 after buying an additional 100 shares in the last quarter. Bartlett & Co. LLC boosted its position in shares of Potash Corp. of Saskatchewan by 0.4% in the second quarter. Bartlett & Co. LLC now owns 35,568 shares of the fertilizer maker’s stock valued at $578,000 after buying an additional 125 shares in the last quarter. Community Bank N.A. boosted its position in shares of Potash Corp. of Saskatchewan by 0.4% in the second quarter. Community Bank N.A. now owns 35,243 shares of the fertilizer maker’s stock valued at $572,000 after buying an additional 150 shares in the last quarter. Finally, Bollard Group LLC boosted its position in shares of Potash Corp. of Saskatchewan by 1.2% in the second quarter. Bollard Group LLC now owns 15,521 shares of the fertilizer maker’s stock valued at $252,000 after buying an additional 187 shares in the last quarter. Institutional investors and hedge funds own 59.66% of the company’s stock.

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Potash Corp. of Saskatchewan Company Profile

Potash Corporation of Saskatchewan Inc is a fertilizer producer producing various primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. It owns and operates approximately five potash operations in Saskatchewan and one in New Brunswick.

5 Day Chart for NYSE:POT

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