Barclays has revised its price target for CF Industries (CF, Financial), reducing it from $95 to $87 per share. Analyst Benjamin Theurer maintains an Equal Weight rating on the company's stock amid these adjustments. The decision to lower the price target stems from an updated outlook on the company's return timeline, which is expected to take longer than initially anticipated.
The slower-than-expected commencement of the crop season in the U.S. has prompted the analyst to reallocate some of the company's expected earnings from the first quarter to the second quarter. This strategic shift reflects the broader changes and challenges CF Industries may face in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for CF Industries Holdings Inc (CF, Financial) is $88.37 with a high estimate of $111.00 and a low estimate of $78.00. The average target implies an upside of 17.62% from the current price of $75.13. More detailed estimate data can be found on the CF Industries Holdings Inc (CF) Forecast page.
Based on the consensus recommendation from 21 brokerage firms, CF Industries Holdings Inc's (CF, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for CF Industries Holdings Inc (CF, Financial) in one year is $77.10, suggesting a upside of 2.62% from the current price of $75.13. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the CF Industries Holdings Inc (CF) Summary page.
