Imperial Capital Raised Price Target on Rentech (RNF) to $55

January 25, 2013 11:59 AM EST
Get Alerts RNF Hot Sheet
Price: $11.41 --0%

Rating Summary:
    1 Buy, 5 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 14 | New: 29
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Analysts at Imperial Capital today reiterated an Outperform rating on Rentech Nitrogen Partners (NYSE: RNF) and raised their price target to $55 from $30. In support of his bullish call, analyst Matthew Farwell noted the company's accretive Agrifos acquisition, nitrogen demand, and capacity expansion plans.

"Rentech Nitrogen continues to benefit from low feedstock costs, an advantageous location, and accretive acquisition opportunities," said analyst Matthew Farwell.

For an analyst ratings summary and ratings history on Rentech Nitrogen Partners (NYSE: RNF) click here. For more ratings news on Rentech Nitrogen Partners click here.

Shares of Rentech Nitrogen Partners closed at $44.99 yesterday.


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