Potash Corp./Saskatchewan Inc. (TSE:POT) had its target price reduced by RBC Capital from C$26.75 to C$22.50 in a research note issued to investors on Sunday, StockTargetPrices.com reports. The brokerage presently has a “sector perform” rating on the stock. RBC Capital’s price target points to a potential downside of 1.49% from the company’s current price.

In related news, insider Wayne Richard Brownlee sold 450,000 shares of the business’s stock in a transaction on Tuesday, November 3rd. The shares were sold at an average price of C$28.54, for a total value of C$12,840,975.00. Also, Director Consuelo Madere bought 10,000 shares of the firm’s stock in a transaction that occurred on Friday, November 13th. The stock was purchased at an average price of C$20.38 per share, with a total value of C$203,757.00.

Other analysts also recently issued research reports about the stock. Scotiabank dropped their target price on shares of Potash Corp./Saskatchewan from C$33.00 to C$27.00 in a research report on Monday, October 19th. TD Securities dropped their target price on shares of Potash Corp./Saskatchewan from C$32.00 to C$25.00 and set a “hold” rating on the stock in a research report on Wednesday, October 21st. Finally, Cowen and Company dropped their target price on shares of Potash Corp./Saskatchewan from C$28.00 to C$25.00 and set a “market perform” rating on the stock in a research report on Monday, December 21st. One investment analyst has rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of C$26.20.

Shares of Potash Corp./Saskatchewan (TSE:POT) opened at 22.84 on Friday. The company has a market capitalization of $19.09 billion and a P/E ratio of 15.03. Potash Corp./Saskatchewan has a 12 month low of $20.65 and a 12 month high of $47.03. The stock’s 50 day moving average is $23.30 and its 200 day moving average is $28.84.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 3rd. Stockholders of record on Tuesday, April 12th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 4.38%.

Potash Corporation of Saskatchewan Inc is a fertilizer company. The Company operates in three business segments: potash, nitrogen and phosphate. The Company owns and operates five potash operations in Saskatchewan and one in New Brunswick. Its nitrogen operations involve the production of nitrogen fertilizers and nitrogen feed and industrial products, including ammonia, urea, nitrogen solutions, ammonium nitrate and nitric acid. It has nitrogen facilities in Georgia, Louisiana, Ohio and Trinidad. The Company’s phosphate operations include the manufacture and sale of solid and liquid phosphate fertilizers, phosphate feed and industrial acid, which is used in food products and industrial processes. It has phosphate mines and mineral processing plant complexes in Florida and North Carolina. The Company also has four phosphate feed plants in the United States and produce phosphoric acid at its Geismar, Louisiana facility.

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