Potash Stocks

[aresky]

Quote from aresky:

VALUATIONS

June 20, 2008 7:35 AM EDT
Merrill Lynch boosted its price target on a number of fertilizer companies today, saying prices for nutrients will continue to rise.

Merrill Lynch raised its price target on Potash Corp. of Saskatchewan, Inc. (NYSE: POT) from $263 to $304. (Buy)
Merrill Lynch raised its price target on Agrium Inc. (NYSE: AGU) from $115 to $155. (Buy)

Merrill Lynch raised its price target on Mosaic Co. (NYSE: MOS) from $180 to $215 (Buy)

Merrill Lynch raised its price target on Terra Industries Inc. (NYSE: TRA) from $61 to $64 (Buy)
Merrill Lynch raised its price target on CF Industries Holdings, Inc. (NYSE: CF) from $190 to $240 (Buy)

http://www.streetinsider.com/Analys...r+Stocks:+POT,+AGU,+MOS,+TRA,+CF/3760074.html

Valuations


June 16, 2008 8:39 AM EDT
Citi analyst says, "We are raising our fertilizer price forecasts following the recent runup in nitrogen and the increasing likelihood that global spot potash prices will reach $1,000/tonne delivered in 4Q. For 2009, we are increasing our nitrogen products price forecasts by 12-38% and potash forecast by 17%, raising company estimates and target prices, reiterating buys on Agrium (NYSE: AGU), CF Industries (NYSE: CF), Mosaic (NYSE: MOS), Potash (NYSE: POT) and Terra Industries (NYSE: TRA)."

Citi raises AGU's price target from $101 to $119, CF's price target from $200 to $215, MOS's price target from $200 to $212, POT's price target from $243 to $284 and TRA's from $56 to $62.

http://www.streetinsider.com/Analys...g+on+Several+Agricultural+Stocks/3744848.html

 

[forsalenyc]

it's just another desperate move by the banks to make money someplace somewhere. fertilizers and coals have been their lifeline lol.....

 

[forsalenyc]

Quote from forsalenyc:

we live in world where fertilizer stock is worth $80 bil. insane. I'm thinking of buying some jan09 or jan10 200 puts here. what u all think?

I so should've.....