J.P. Morgan analyst Jeffrey Zekauskas maintained a Buy rating on CF Holdings on Friday, setting a price target of $70, which is approximately 7.23% above the present share price of $65.28.
Zekauskas expects CF Holdings to post earnings per share (EPS) of -$0.86 for the fourth quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in CF Holdings, with an average price target of $66.94.
The analysts price targets range from a high of $70 to a low of $59.5.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.36 billion and a net profit of $383 million. The company's market cap is $14 billion.
According to TipRanks.com, J.P. Morgan analyst Jeffrey Zekauskas is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.9% and a 68.42% success rate.
CF Industries Holdings (NYSE:CF), Inc. engages in the manufacture and distribution of nitrogen fertilizer. The firm owns and operates nitrogen plants and serves agricultural and industrial customers through its distribution system. It operates through following segments: Ammonia, Granular Urea, UAN, AN, and Other. The Ammonia segment produces anhydrous ammonia, which is company's most concentrated nitrogen fertilizer product as it contains 82% nitrogen. The Granular Urea segment produces granular urea, which contains 46% nitrogen. The UAN segment produces urea ammonium nitrate solution, which is a liquid fertilizer product with a nitrogen content from 28% to 32%, is produced by combining urea and ammonium nitrate. The AN segment produces ammonium nitrate, which is a nitrogen-based product with a nitrogen content between 29% and 35%. The Other segment includes diesel exhaust fluid, nitric acid, urea liquor and aqua ammonia. The company was founded in 1946 and is headquartered in Deerfield, IL.