Scotiabank Downgraded Agrium Inc. (AGU)


Agrium Inc. (NYSE:AGU) was downgraded by investment analysts at Scotiabank from a “focus list” rating to an “outperform” rating in a research report issued on Thursday, The Fly reports.

Other equities analysts have also recently issued research reports about the company. HSBC lowered their price target on Agrium from $97.00 to $87.00 in a report on Tuesday. TheStreet raised Agrium from a “hold” rating to a “buy” rating in a report on Wednesday, March 30th. Credit Suisse upped their target price on Agrium from $90.00 to $93.00 in a report on Wednesday, March 30th. Susquehanna lowered their target price on Agrium from $105.00 to $100.00 and set a “positive agu.to” rating for the company in a report on Monday, February 22nd. Finally, Goldman Sachs lowered their target price on Agrium from $88.00 to $82.00 and set a “neutral” rating for the company in a report on Tuesday, February 16th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $100.41.


Source: American Banking and Market News

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