According to a research report issued by HSBC Securities on Monday, shares of Potash Corp (NYSE:POT) had their rating downgraded by analysts to ‘Hold’.

The analyst said the brokerage has set a price target of 16.75 on shares of NYSE:POT. Based on the brokers price target of 16.75, this means HSBC Securities believes there is a potential increase of 4.95% from the current stock price of 15.96.

Potash Corp has 836,540,000 shares which are currently owned by shareholders with a price of 15.96 calculating Potash Corp’s market capitalisation at 13.35B USD.

Source: Share Trading.News