Equities researchers at BMO Capital Markets lowered their price objective on shares of Agrium (TSE: AGU) from C$104.00 to C$101.00 in a research report issued on Friday, Analyst Ratings.Net reports. The firm currently has a “market perform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 5.98% from the stock’s previous close.
Agrium (TSE: AGU) traded up 0.86% on Friday, hitting $96.12. Agrium has a 1-year low of $87.78 and a 1-year high of $116.38. The stock’s 50-day moving average is currently $92.70. The company has a market cap of $14.363 billion and a price-to-earnings ratio of 9.96.
AGU has been the subject of a number of other recent research reports. Analysts at CIBC cut their price target on shares of Agrium from C$122.00 to C$121.00 in a research note to investors on Friday, July 5th. They now have a “sector perform” rating on the stock. Separately, analysts at National Bank Financial cut their price target on shares of Agrium from C$87.00 to C$84.50 in a research note to investors on Friday, June 14th. Finally, analysts at National Bank AG cut their price target on shares of Agrium from C$87.00 to C$84.50 in a research note to investors on Friday, June 14th.
Three equities research analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of C$116.62.
Agrium Inc (TSE: AGU), incorporated on December 21, 1992, is a global producer and marketer of nutrients for agricultural and industrial markets.