Potash Should Jump on Massive JPMorgan Estimates Boost
by: Notable Calls posted on: April 25, 2008 | about stocks: POT Font Size: PrintEmail JPMorgan is out with a major earnings change on Potash (POT) this morning raising its 2009 EPS estimate to $18.50 from $11.75 a share (vs. consensus $12.70).
Firm's 2008 earnings estimate goes to $10.50 from $8.95 a share.
Notablecalls: Wow, this is probably one the largest EPS estimate raises I've seen in a long time. POT has gotten whacked over the past two days on an apparent "sell-the-news" reaction to their fantastic results.
I suspect POT will be re-testing the $200 level today following JPM's call.
PS: Currently, RBC Capital has the Street high $300 target on POT. This target is based on their 2009 EPS of $15.02, which is over $3 lower than JPM's new EPS estimate, for what it's worth.
nitrogen prices up 25pc in a week, page-9
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add IPL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.07 |
Change
-0.020(0.65%) |
Mkt cap ! $5.808B | |||
| Open | High | Low | Value | Volume |
| $3.06 | $3.11 | $3.04 | $17.51M | 5.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 49354 | $3.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 47503 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IPL (ASX) Chart |