Royal Bank Of Canada Increases Potash Co. of Saskatchewan Inc (POT) Price Target to C$24.35
Potash Co. of Saskatchewan Inc (TSE:POT) (NYSE:POT) had its price objective upped by investment analysts at Royal Bank Of Canada to C$24.35 in a research note issued to investors on Friday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price target points to a potential upside of 6.80% from the stock’s previous close.
Shares of Potash Co. of Saskatchewan (TSE:POT) traded up 2.10% on Friday, hitting $22.80. 7,044,722 shares of the stock traded hands. The stock has a 50-day moving average price of $21.99 and a 200 day moving average price of $22.30. The firm has a market cap of $19.15 billion and a P/E ratio of 40.14. Potash Co. of Saskatchewan has a 52 week low of $20.67 and a 52 week high of $26.62.
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Potash Co. of Saskatchewan Company Profile
Potash Corporation of Saskatchewan Inc (PCS) is a fertilizer producer producing a range of primary crop nutrients, such as potash, nitrogen and phosphate. The Company operates through three segments: potash, nitrogen and phosphate. As of December 31, 2016, it owned and operated five potash operations in Saskatchewan and owned one in New Brunswick.
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