Exploring Analyst Views on Shares of Potash Corporation of Saskatchewan Inc. (:NTR)

Monitoring some price target data, we have noticed that shares of Potash Corporation of Saskatchewan Inc. (:NTR) currently have an average target of $61.71. This number is the consensus target price averaging estimates provided by analysts polled by Zacks Research. Sell-side analysts have various methods at their disposal for estimating stock price targets. Many investors will closely monitor stock target prices, especially when Street analysts change their view on a specific target price. Some investors may follow these sell-side targets very closely and use the provided information to assist with their own stock research.

There is no easy answer when attempting to address the tough question of how to best approach the equity market, especially when facing a turbulent investing climate. There are many different schools of thought when it comes to stock trading. Investors may have to first gauge their appetite for risk in order to build a solid platform on which to construct a legitimate strategy. The wealth of available information has made the road a bit smoother to travel for amateur investors. Making the transition to the next level is most likely on the minds of many dedicated investors. Tracking technicals and fundamentals may also help provide a roadmap to help separate the contenders from the pretenders. As we head into the second half of the year, it remains to be seen which way the market will lean. Investors may have to do all the necessary homework in order to find stocks that will thrive under any market conditions. 

We can now shift the focus to some company earnings data. Based on projections provided by 13 individual Wall Street analysts polled by Zacks Research, Potash Corporation of Saskatchewan Inc. (:NTR) has a current quarter EPS consensus estimate of 0.44. For the prior reporting period, the company posted quarterly earnings per share of 0.47. As earnings season continues, investors will be closely tracking analyst estimates. Sell-side analysts often make updates before and after the company reports earnings numbers. Following analyst estimate updates leading up to the earnings release may offer some good insight into the direction that the estimates are trending. Investors will be watching to see which companies post the largest earnings surprises this quarter.

Taking a look at the current consensus broker rating for Potash Corporation of Saskatchewan Inc. (:NTR), we note that the ABR is 1.54. This Zacks consensus rating follows a numerical scale where a number in the 1-2 range generally represents a Buy, a 3 would indicate a Hold and 4-5 signals a Sell rating. In terms of the number of bullish analysts that have the stock rated a Buy or Strong Buy, we can see that the number is currently 10.

Investors may be following some historical price data on shares of Potash Corporation of Saskatchewan Inc. (:NTR). Over the past 12 weeks, the stock has seen a change of -0.16%. If we go back to the beginning of the year, we can see that shares have changed 9.13%. Over the last 4 weeks, shares have seen a change of 13.9%. Over the last 5 trading sessions, the stock has moved 2.48%. Investors will be monitoring stock activity over the next few weeks to try and gauge which way the momentum is leaning. Checking on some possible support and resistance levels, we have noted that that the 52-week high is currently $58.68, and the 52-week low is currently $44.15. When shares are trading close to the 52-week high or 52-week low, investors might be paying added attention. Looking at some recent action, we note that the stock has been seen trading near the $51.29 mark.

Investing in the stock market often requires individuals to gauge how much risk they are willing to take on for potential reward. Piling on too much risk can put the investor out of their comfort zone. On the flip side, taking on too little risk may not provide the opportunity to receive enough returns to achieve previously stated goals. Finding that perfect balance may come with some first-hand experience that includes some trial and error. 

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