Agrium Inc. (TSE:AGU) (NYSE:AGU) had its price objective reduced by Cowen and Company from C$109.00 to C$93.00 in a research note released on Tuesday morning. They currently have an outperform rating on the stock.
Other analysts have also issued reports about the stock. TD Securities reissued a hold rating and set a C$94.00 price target on shares of Agrium in a research report on Friday, November 4th. Scotiabank restated an outperform rating and set a C$100.00 price objective on shares of Agrium in a report on Monday, November 7th. Royal Bank Of Canada upped their price objective on shares of Agrium from C$125.00 to C$139.00 and gave the company an outperform rating in a report on Tuesday, October 11th. Finally, AltaCorp Capital downgraded shares of Agrium from an outperform rating to a sector perform rating in a report on Monday, December 12th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and an average target price of C$106.40.
Shares of Agrium (TSE:AGU) traded down 1.54% during trading on Tuesday, reaching $143.01. 113,842 shares of the company’s stock traded hands. The company has a 50 day moving average price of $136.96 and a 200-day moving average price of $126.15. The stock has a market cap of $19.76 billion and a P/E ratio of 27.23. Agrium has a one year low of $104.70 and a one year high of $146.99.
Agrium Company Profile
Agrium Inc is a producer and distributor of agricultural products and services. The Company categorizes its segments within the Retail and Wholesale business units. The Retail business unit distributes crop nutrients, crop protection products, seed, merchandise and services directly to growers through a network of farm centers in two geographical segments: North America, which includes the United States and Canada, and International, which includes Australia and South America.