The Latest Analyst Ratings For CF Industries Holdings
Portfolio Pulse from Benzinga Insights
CF Industries Holdings (NYSE:CF) has received mixed analyst ratings over the last three months, with a shift towards more cautious stances recently. The average 12-month price target for CF has been adjusted to $86.62, down from $89.29, reflecting a 2.99% decrease. Analysts from firms like Scotiabank, BMO Capital, and Wells Fargo have updated their ratings and price targets, indicating a varied outlook on the company's performance. CF Industries, a leading nitrogen producer, faces challenges with a -26.94% revenue decline as of March 31, 2024, but maintains strong profitability indicators such as a net margin of 13.2% and ROE of 3.48%.
May 06, 2024 | 8:01 pm
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NEUTRAL IMPACT
CF Industries has seen a recent adjustment in analyst ratings and price targets, with a notable decrease in the average 12-month price target to $86.62. Despite facing a significant revenue decline, the company's profitability metrics like net margin and ROE remain robust.
The mixed analyst ratings and the recent decrease in the average price target reflect caution, potentially leading to short-term price volatility. However, CF Industries' strong profitability indicators may counterbalance the negative revenue trend, suggesting a neutral short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100