CF Industries Holdings, Inc. (NYSE:CF) had its target price lifted by research analysts at Royal Bank Of Canada from $23.00 to $27.00 in a research report issued on Tuesday. The firm currently has an “underperform” rating on the basic materials company’s stock. Royal Bank Of Canada’s price objective would suggest a potential downside of 26.81% from the stock’s current price.

CF has been the topic of several other reports. Credit Suisse Group set a $30.00 target price on shares of CF Industries Holdings and gave the company a “hold” rating in a research note on Friday, August 4th. BidaskClub raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. ValuEngine raised shares of CF Industries Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. UBS AG reaffirmed a “buy” rating and issued a $40.00 price target (up from $33.00) on shares of CF Industries Holdings in a research note on Wednesday, October 4th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $28.00 price target on shares of CF Industries Holdings in a research note on Tuesday, September 5th. Three analysts have rated the stock with a sell rating, eight have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $33.18.

Shares of CF Industries Holdings (NYSE CF) opened at 36.89 on Tuesday. The stock’s market cap is $8.60 billion. CF Industries Holdings has a 12 month low of $22.18 and a 12 month high of $37.29. The stock has a 50 day moving average price of $33.42 and a 200-day moving average price of $29.64.

CF Industries Holdings (NYSE:CF) last announced its earnings results on Wednesday, August 2nd. The basic materials company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.18. CF Industries Holdings had a negative net margin of 9.98% and a negative return on equity of 0.40%. The company had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the business earned $0.33 EPS. The company’s revenue was down .9% on a year-over-year basis. On average, analysts forecast that CF Industries Holdings will post ($0.66) EPS for the current fiscal year.

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In other CF Industries Holdings news, VP Bert A. Frost sold 6,400 shares of the stock in a transaction on Monday, August 7th. The shares were sold at an average price of $31.53, for a total transaction of $201,792.00. Following the transaction, the vice president now directly owns 59,732 shares of the company’s stock, valued at $1,883,349.96. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.00% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the business. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in CF Industries Holdings by 1.5% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 659,496 shares of the basic materials company’s stock valued at $18,440,000 after acquiring an additional 9,956 shares during the period. KCG Holdings Inc. bought a new stake in CF Industries Holdings during the first quarter valued at about $1,150,000. Thrivent Financial For Lutherans boosted its holdings in CF Industries Holdings by 12,161.3% during the second quarter. Thrivent Financial For Lutherans now owns 1,050,790 shares of the basic materials company’s stock valued at $29,380,000 after acquiring an additional 1,042,220 shares during the period. Raging Capital Management LLC bought a new stake in CF Industries Holdings during the first quarter valued at about $8,115,000. Finally, Swiss National Bank boosted its holdings in CF Industries Holdings by 2.8% during the second quarter. Swiss National Bank now owns 849,340 shares of the basic materials company’s stock valued at $23,748,000 after acquiring an additional 23,400 shares during the period.

About CF Industries Holdings

CF Industries Holdings, Inc manufactures and distributes nitrogen fertilizer, and other nitrogen products. The Company’s nitrogen fertilizer products are ammonia, granular urea, urea ammonium nitrate solution (UAN) and ammonium nitrate (AN). Its other nitrogen products include diesel exhaust fluid (DEF), urea liquor, nitric acid and aqua ammonia, which are sold primarily to the Company’s industrial customers, and compound fertilizer products (nitrogen, phosphorus and potassium or NPKs).

Analyst Recommendations for CF Industries Holdings (NYSE:CF)

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