Agrium (AGU) is Upgraded by Citigroup to Neutral , according to the research report released to the investors. Earlier the firm had a rating of Sell on the company shares. The shares recommendation by the Brokerage Firm was released on Jan-5-2016.
Agrium Inc. is up 2.55% in the last 3-month period. Year-to-Date the stock performance stands at -2.34%.
Agrium Inc. (NYSE:AGU) has lost 3.47% during the past week and dropped 9.68% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 2.66%. Agrium Inc. (NYSE:AGU) has underperformed the index by 7.57% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Shares of Agrium Inc. (NYSE:AGU) ended Thursday session in red amid volatile trading. The shares closed down 0.88 points or 0.98% at $89.34 with 489,067 shares getting traded. Post opening the session at $89.875, the shares hit an intraday low of $89 and an intraday high of $90.18 and the price vacillated in this range throughout the day. The company has a market cap of $12,344 million and the number of outstanding shares have been calculated to be 138,169,000 shares. The 52-week high of Agrium Inc. (NYSE:AGU) is $116.81 and the 52-week low is $86.6.
Institutional Investors own 72.54% of Agrium Inc. shares.
Agrium Inc. (Agrium) is a global producer and marketer of nutrients for agricultural and industrial markets. The Company operates through its three business units: Retail, Wholesale and Advanced Technologies (AAT). AAT uses three production methods: coating methods, where various fertilizer substrates are encapsulated to provide a desired release profile; reacted slow release production, where urea is combined with other nitrogen elements to produce a slow release profile; and the packaging and blending of fertilizers. During the fiscal year ended December 31, 2012, Agrium reported its business through three business units and a fourth non-operating business unit for Corporate and inter-company eliminations. In October 2013, the Company acquired Viterra Inc.s Canadian retail assets. In July 2014, the Company announced that it has completed the divestiture of its Turf and Ornamental business to Koch Agronomic Services, LLC.