Brean Murray Carret & Co. Starts Rentech Nitrogen Partners (RNF) at Buy; Low-Hanging Fruit in Fertilizer Space

Brean Murray Carret & Co. initiates coverage on Rentech Nitrogen Partners (NYSE: RNF) with a Buy. PT $23.00.

Brean analyst said, "RNF's operations consist of a nitrogen fertilizer facility in East Dubuque, Illinois. This facility lies directly in the center of the Mid Corn Belt region of the U.S., the largest domestic markete for direct nitrogen fertilizer products. In our opinion, RNF will retainand grow strong cash flow streams in providing nitrogen fertilizer products with foremost convenience to the single largest market in the U.S."

For an analyst ratings summary and ratings history on Rentech Nitrogen Partners click here. For more ratings news on Rentech Nitrogen Partners click here.

Shares of Rentech Nitrogen Partners closed at $21.41 yesterday.

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