Analysts at Stifel Nicolaus Reconfirmed their Past ‘”Buy”’ rating on Shares Agrium (NYSE:AGU), Set a $123.0 PT

December 15, 2017 - By Dolores Ford

 Analysts at Stifel Nicolaus Reconfirmed their Past ‘

Agrium (NYSE:AGU) Rating Reaffirmed

Research analysts at Stifel Nicolaus now has a $123.0 target price per share on Agrium (NYSE:AGU). Stifel Nicolaus and their recent target price per share means a potential upside of 11.61 % from the company’s last stock close price. The rating has been revealed to investors in analysts report on 10 October.

Agrium Inc. (NYSE:AGU) Ratings Coverage

Among 25 analysts covering Agrium Inc. (NYSE:AGU), 14 have Buy rating, 2 Sell and 9 Hold. Therefore 56% are positive. Agrium Inc. has $126.5 highest and $81 lowest target. $107.88’s average target is -2.11% below currents $110.21 stock price. Agrium Inc. had 78 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Thursday, July 6. The firm has “Buy” rating given on Monday, October 16 by RBC Capital Markets. RBC Capital Markets maintained Agrium Inc. (NYSE:AGU) rating on Tuesday, September 12. RBC Capital Markets has “Buy” rating and $110.0 target. Cowen & Co maintained the stock with “Outperform” rating in Wednesday, November 22 report. The rating was downgraded by Vertical Research to “Hold” on Thursday, April 21. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, August 9. The rating was maintained by Stifel Nicolaus with “Buy” on Wednesday, September 13. The firm has “Market Perform” rating given on Monday, December 21 by Cowen & Co. Credit Suisse maintained it with “Hold” rating and $91 target in Monday, April 24 report. The stock has “Buy” rating by Canaccord Genuity on Friday, August 7.

The stock decreased 1.30% or $1.45 during the last trading session, reaching $110.21. About 204,568 shares traded. Agrium Inc. (NYSE:AGU) has risen 5.50% since December 15, 2016 and is uptrending. It has underperformed by 11.20% the S&P500.

Analysts await Agrium Inc. (NYSE:AGU) to report earnings on February, 8. They expect $0.93 EPS, up 86.00 % or $0.43 from last year’s $0.5 per share. AGU’s profit will be $130.13 million for 29.63 P/E if the $0.93 EPS becomes a reality. After $-0.23 actual EPS reported by Agrium Inc. for the previous quarter, Wall Street now forecasts -504.35 % EPS growth.

Agrium Inc. produces, markets, and distributes crop nutrients, crop protection products, seeds, and merchandise products primarily in the United States, Canada, Australia, and South America. The company has market cap of $15.42 billion. It operates in Retail and Wholesale divisions. It has a 42.4 P/E ratio. The firm offers crop nutrients, including nitrogen, potash, phosphates, sulfur, and micronutrients; crop protection products, such as herbicides, insecticides, fungicides, and other products; and merchandise products comprising fencing, feed supplements, livestock-related animal health products, storage and irrigation equipment, and other products, as well as provides seeds and seed-related information and analysis.

More notable recent Agrium Inc. (NYSE:AGU) news were published by: News.Sys-Con.com which released: “Agrium declares dividend” on December 15, 2017, also Seekingalpha.com with their article: “Agrium (AGU) Q3 2017 Results – Earnings Call Transcript” published on November 08, 2017, Fool.ca published: “What You Need to Know About the Pending Potash Corporation of Saskatchewan Inc …” on October 11, 2017. More interesting news about Agrium Inc. (NYSE:AGU) were released by: Cbc.ca and their article: “Agrium buys Australian fertilizer business Macrofertil” published on December 12, 2017 as well as Fool.ca‘s news article titled: “Potash Corporation of Saskatchewan Inc.’s Ex-CEO Thinks Merger With Agrium Inc …” with publication date: September 01, 2017.

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