Shares of Agrium Inc. (TSE:AGU) (NYSE:AGU) have been given a consensus rating of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$115.75.
A number of brokerages have commented on AGU. TD Securities reiterated a “hold” rating and set a C$135.50 price target on shares of Agrium in a research report on Wednesday, May 3rd. BMO Capital Markets restated a “market perform” rating and issued a C$100.00 target price on shares of Agrium in a report on Wednesday, May 3rd. Royal Bank of Canada restated an “outperform” rating and issued a C$146.00 target price on shares of Agrium in a report on Tuesday, April 18th. Finally, AltaCorp Capital restated a “sector perform” rating on shares of Agrium in a report on Thursday, June 22nd.
Shares of Agrium (AGU) traded up 3.27% during midday trading on Monday, hitting $120.85. 74,932 shares of the company traded hands. Agrium has a 52 week low of $114.44 and a 52 week high of $146.99. The stock has a market capitalization of $16.70 billion and a PE ratio of 28.80. The stock has a 50 day moving average of $123.49 and a 200-day moving average of $129.46.
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 20th. Stockholders of record on Friday, June 30th will be given a $0.875 dividend. This represents a $3.50 annualized dividend and a dividend yield of 2.99%.
Agrium Company Profile
Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company’s segments include Retail and Wholesale. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.
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