Potash Making New Lows (POT)

Shares of Potash POT, which were downgraded by Citigroup today, are hitting new intra-day lows, down 4.32% to $55.77. The stock has now lost more than 10% in just the last 5 trading sessions. The shares now trade at a trailing P/E of 28.20, a forward multiple of 15.34, and a PEG ratio of 1.27. The median Wall Street price target on the stock is $63.75 with a high target of $80.00.

Potash Corporation of Saskatchewan Inc. (PCS) is an integrated fertilizer and related industrial and feed products company. The Company owns and operates five potash mines in Saskatchewan and one in New Brunswick.