Barclays Sticks to Their Buy Rating for Cf Industries Holdings (CF)
In a report released today, Benjamin Theurer from Barclays maintained a Buy rating on Cf Industries Holdings, with a price target of $120.00.
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Theurer covers the Consumer Defensive sector, focusing on stocks such as Archer Daniels Midland, Hormel Foods, and Ingredion. According to TipRanks, Theurer has an average return of 5.8% and a 56.44% success rate on recommended stocks.
In addition to Barclays, Cf Industries Holdings also received a Buy from Wells Fargo’s Richard Garchitorena in a report issued on February 20. However, on February 24, UBS maintained a Hold rating on Cf Industries Holdings (NYSE: CF).
Based on Cf Industries Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.87 billion and a net profit of $404 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $328 million
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CF in relation to earlier this year. Last month, Susan Menzel, the EVP and Chief Admin. Officer of CF sold 3,215.00 shares for a total of $311,855.00.
Read More on CF:
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- Early notable gainers among liquid option names on March 2nd
- CF Industries price target raised to $97 from $86 at UBS
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- CF Industries price target raised to $100 from $95 at RBC Capital
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