Goldman Sachs Downgrades Agrium (AGU) to Sell, Sees 10% Downside
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Price: $115.00 --0%
Rating Summary:
14 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
Rating Summary:
14 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 6 | New: 26
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Goldman Sachs downgraded Agrium (NYSE: AGU) from Neutral to Sell and sees 10 percent downside to their $81 price target.
The firm is positive on long-term growth potential in both Retail and Potash, but they expect the cyclical downturn in Nitrogen will drive downward earnings revisions. The firm's 2012 EPS is 5% below the consensus.
For more ratings news on Agrium click here and for the rating history of Agrium click here.
Shares of Agrium closed at $90.08 yesterday.
The firm is positive on long-term growth potential in both Retail and Potash, but they expect the cyclical downturn in Nitrogen will drive downward earnings revisions. The firm's 2012 EPS is 5% below the consensus.
For more ratings news on Agrium click here and for the rating history of Agrium click here.
Shares of Agrium closed at $90.08 yesterday.
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