TD Newcrest Upgrades Agrium (AGU) to Action List Buy; Stock Oversold
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Price: $115.00 --0%
Rating Summary:
14 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
14 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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TD Newcrest upgraded Agrium (NYSE: AGU) from Buy to Action List Buy with a price target of $115.00.
TD analyst said, "We view the stock as oversold, as it has fallen 20% since late-October, while peers have dropped less (POT down 17%, CF Industries down 14%). In our view, this has been mainly driven by global economic
growth concerns as fertilizer sector fundamentals have remained relatively strong."
For an analyst ratings summary and ratings history on Agrium click here. For more ratings news on Agrium click here.
Shares of Agrium closed at $67.41 yesterday.
TD analyst said, "We view the stock as oversold, as it has fallen 20% since late-October, while peers have dropped less (POT down 17%, CF Industries down 14%). In our view, this has been mainly driven by global economic
growth concerns as fertilizer sector fundamentals have remained relatively strong."
For an analyst ratings summary and ratings history on Agrium click here. For more ratings news on Agrium click here.
Shares of Agrium closed at $67.41 yesterday.
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