Barclays Maintains an 'Equalweight' on CF Industries (CF); 3Q11 Preview - Nitrogen Margins Marching Along

Barclays maintains an 'Equalweight' on CF Industries (NYSE: CF) price target raised $4.00 to $174.00.

Barclays analyst says, "CF Industries will report 3Q11 results after market close on Tuesday November 1, 2011. We are forecasting earnings of $5.16/sh versus consensus of $4.79/sh."

"Overall we expect CF's nitrogen margins to increase sequentially to 53% in 3Q11 from 52% in 2Q11, as a result of favorable market conditions noted above, as well as management comments on the Q2 conference call indicating an expectation of fairly attractive margins in the Q3 forward book."

For more ratings news on CF Industries click here and for the rating history of CF Industries click here.

Shares of CF Industries closed at $157.90 yesterday.

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