Somewhat Positive Press Coverage Somewhat Unlikely to Impact Agrium (AGU) Stock Price

News articles about Agrium (NYSE:AGU) (TSE:AGU) have trended somewhat positive recently, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Agrium earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46.052542090649 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Accern Sentiment’s analysis:

A number of analysts recently weighed in on the stock. Royal Bank Of Canada set a $110.00 price target on shares of Agrium and gave the company a “buy” rating in a research report on Thursday. Cowen and Company set a $99.00 price target on shares of Agrium and gave the company a “buy” rating in a research report on Friday, July 28th. Stifel Nicolaus reiterated a “buy” rating and issued a $107.00 price target (down from $114.00) on shares of Agrium in a research report on Monday, July 10th. Zacks Investment Research downgraded shares of Agrium from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Finally, Citigroup Inc. cut their price target on shares of Agrium from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 11th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have given a buy rating to the company’s stock. Agrium has a consensus rating of “Hold” and an average price target of $103.00.

Shares of Agrium (NYSE:AGU) traded up 0.15% during trading on Friday, hitting $100.95. 539,671 shares of the stock traded hands. Agrium has a 52 week low of $87.75 and a 52 week high of $111.88. The company has a 50-day moving average of $95.34 and a 200-day moving average of $96.17. The firm has a market cap of $13.95 billion, a P/E ratio of 24.06 and a beta of 0.62.

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About Agrium

Agrium Inc is a retailer of agricultural products and services in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay and a multi-national producer and wholesale marketer of nutrients for agricultural and industrial markets. The Company’s segments include Retail and Wholesale. As of December 31, 2016, its Retail business unit marketed crop nutrients, crop protection products, seed, merchandise, application and other agronomic services through 1,500 retail locations in the United States, Canada, Australia, Argentina, Brazil, Chile and Uruguay.

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