Potash Corp. of Saskatchewan (NYSE:POT) (TSE:POT) has been assigned an average recommendation of “Hold” from the twenty-eight analysts that are presently covering the stock. Six analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $16.49.

A number of research analysts recently commented on POT shares. Sanford C. Bernstein set a $19.00 price target on Potash Corp. of Saskatchewan and gave the company a “buy” rating in a research note on Wednesday, November 23rd. Vetr raised Potash Corp. of Saskatchewan from a “buy” rating to a “strong-buy” rating and set a $21.00 target price for the company in a research note on Thursday, September 22nd. Citigroup Inc. reissued a “neutral” rating and set a $17.00 target price on shares of Potash Corp. of Saskatchewan in a research note on Wednesday, August 31st. Goldman Sachs Group Inc. set a $14.00 target price on Potash Corp. of Saskatchewan and gave the stock a “neutral” rating in a research note on Wednesday, August 31st. Finally, Stifel Nicolaus raised Potash Corp. of Saskatchewan from a “hold” rating to a “buy” rating and boosted their target price for the stock from $16.16 to $20.00 in a research note on Wednesday, September 14th.

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Potash Corp. of Saskatchewan (NYSE:POT) traded down 0.28% on Tuesday, reaching $17.61. 1,776,453 shares of the company traded hands. The company has a 50-day moving average price of $16.79 and a 200-day moving average price of $16.61. Potash Corp. of Saskatchewan has a 12 month low of $14.64 and a 12 month high of $20.43. The company has a market capitalization of $14.79 billion, a P/E ratio of 30.89 and a beta of 0.61.

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

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 2nd. Investors of record on Thursday, January 12th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date is Tuesday, January 10th. Potash Corp. of Saskatchewan’s payout ratio is currently 70.18%.

A number of large investors have recently added to or reduced their stakes in POT. Carmignac Gestion bought a new stake in Potash Corp. of Saskatchewan during the third quarter worth approximately $198,721,000. Caisse DE Depot ET Placement DU Quebec bought a new stake in Potash Corp. of Saskatchewan during the third quarter worth approximately $174,163,000. FMR LLC raised its stake in Potash Corp. of Saskatchewan by 43.8% in the second quarter. FMR LLC now owns 22,471,952 shares of the fertilizer maker’s stock worth $365,270,000 after buying an additional 6,845,756 shares during the last quarter. Mackenzie Financial Corp bought a new stake in Potash Corp. of Saskatchewan during the second quarter worth approximately $104,388,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Potash Corp. of Saskatchewan during the third quarter worth approximately $57,297,000. 59.18% of the stock is owned by institutional investors and hedge funds.

About Potash Corp. of Saskatchewan

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.

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