A number of stock research firms have changed their ratings and price targets for Potash Corp (NYSE: POT) during the last seven days:

  • Potash Corp had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $53.00 price target on the stock.
  • Potash Corp had its price target lowered by analysts at Scotia Capital from $48.00 to $43.00. They now have a “sector perform” rating on the stock.
  • Potash Corp had its price target lowered by analysts at Dundee Securities from $44.00 to $42.00. They now have a “neutral” rating on the stock.
  • Potash Corp had its price target lowered by analysts at Paradigm Research from $68.00 to $61.00. They now have a “buy” rating on the stock.
  • Potash Corp had its price target lowered by analysts at CIBC from $46.00 to $44.00. They now have a “sector perform” rating on the stock.
  • Potash Corp had its price target lowered by analysts at Canaccord Genuity from $50.00 to $48.00. They now have a “buy” rating on the stock.
  • Potash Corp had its price target lowered by analysts at Topeka Capital to $37.00. They wrote, “POT’s recently announced 3Q12 results were basically inline with the Company’s recently lowered guidance and our expectations. Although POT is seeing volume uptake in North and South America, China and India remain key challenges for the industry to resume volume growth. Near-term headlines may provide short-term strength in POT, however we remain concerned about 2013 overall demand compared to capacity growth.”

Shares of Potash Corp traded up 0.45% during mid-day trading on Thursday, hitting $40.55. Potash Corp has a 52 week low of $36.73 and a 52 week high of $49.59. The company has a market cap of $34.934 billion and a P/E ratio of 15.12.

Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company.