91% Of Vetr Raters Love Potash Corp

Loading...
Loading...

Potash Corporation of Saskatchewan (USA) POT has managed to comfortably outperform the S&P 500 and Dow Jones in 2016, having posted gains of more than 6 percent, while both indexes lost more than 3 percent. This strength probably influenced on Vetr raters’ decision to upgrade the stock.

Related link: Here's How Crowdsourced Ratings Can Beat The Market

On Thursday, top Raters at the Vetr Community upgraded the shares from 3.0 Stars to 3.5 Stars -- out of a possible 5.0 Star rating. The crowd has set a $18.57 price target, which implies an upside of roughly 2.2 percent from current stock prices. While upside seems limited, 91 percent of the crowd is bullish on the stock.

Analysts seem even more bullish, as they have fixed average price target of $21.70 per share, Vetr states.

 

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...