Published: Sat, May 20, 2017
Business | By Max Garcia

Agrium Inc. (AGU) Receives $103.85 Consensus Target Price from Analysts


Standpoint Research downgraded the stock to "Hold" rating in Monday, November 21 report. They issued an "outperform" rating and a $119.00 price objective on the stock. Agrium Inc. had 51 analyst reports since August 6, 2015 according to SRatingsIntel.

Agrium (NYSE:AGU) last issued its earnings results on Thursday, February 9th. The business's quarterly revenue was down 5.3% on a year-over-year basis. The institutional investor held 226,851 shares of the agricultural chemicals company at the end of 2016Q4, valued at $22.81 million, down from 272,507 at the end of the previous reported quarter.

Agrium Inc. (TSE:AGU) (NYSE:AGU)'s stock had its "market perform" rating reaffirmed by equities researchers at BMO Capital Markets in a report released on Wednesday, May 3rd. Scotiabank downgraded Agrium from an "outperform" rating to a "sector perform" rating in a report on Monday, February 13th. Citigroup Inc decreased their price objective on Agrium from $111.00 to $104.00 and set a "neutral" rating on the stock in a report on Tuesday, April 11th.

There are 1 sell rating, 9 hold ratings, 7 buy ratings on the stock. The company presently has a consensus rating of Hold and a consensus price target of C$115.75. (NYSE:AGU), 9 have Buy rating, 2 Sell and 10 Hold. Advisor Group Inc. now owns 1,362 shares of the basic materials company's stock worth $124,000 after buying an additional 128 shares during the period. CNH Partners LLC now owns 962,250 shares of the basic materials company's stock valued at $96,754,000 after buying an additional 750,574 shares in the last quarter. The short interest to Agrium Incorporated's float is 0.34%. Finally, FMR LLC increased its stake in shares of Agrium by 37.3% in the fourth quarter. Creative Planning now owns 2,746 shares of the basic materials company's stock worth $262,000 after buying an additional 159 shares during the period.

In other Agrium news, Director Derek George Pannell bought 752 shares of Agrium stock in a transaction on Friday, March 10th.

Among 21 analysts covering Agrium Inc. AGU's total short interest was 475,500 shares in May as published by FINRA. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of USA and global copyright and trademark legislation.

WARNING: "Agrium Inc. (AGU) Given "Hold" Rating at TD Securities" was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem.

Shares of Agrium (NYSE:AGU) traded up 1.22% on Tuesday, reaching $91.50. Agrium has a 12-month low of $114.04 and a 12-month high of $146.99. The company has a 50 day moving average of $93.07 and a 200-day moving average of $98.30.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 20th. Stockholders of record on Friday, June 30th will be issued a $0.875 dividend. This represents a $3.50 annualized dividend and a dividend yield of 3.95%.

On 12/16/2016 Agrium announced a Quarterly dividend of $0.88 3.54% with an ex dividend date of 12/28/2016 which will be payable on 1/19/2017.

Agrium Company Profile Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets.

Like this: