Over the past month, shares of Potash Corporation of Saskatchewan (USA) POT have lost almost 12 percent. Over the past five days alone, the loss surpasses 6.5 percent.
Following such a decline, the Vetr crowd seems to believe the stock has plenty of upside potential. Consequently, top raters at the Vetr community decided to upgrade the stock’s rating from 4.0 Stars to 4.5 Stars - out of a possible 5.0 Star rating.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
The crowd has established a consensus price target of $18.05, which implies an upside of roughly 11.75 percent from current stock prices.
Finally, it should be noted that 84 percent of the crowd's ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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