Raymond James lowered shares of Potash Corp./Saskatchewan (NYSE:POT) from an outperform rating to a market perform rating in a research report released on Wednesday morning, TheFlyOnTheWall.com reports. Raymond James currently has $38.50 price objective on the stock. Potash Corp./Saskatchewan (USA) (NYSE:POT) net profit margin is 22.80% and weekly performance is -1.28%. On last trading day company shares ended up $36.30. Analysts mean target price for the company is $34.29. Potash Corp./Saskatchewan (USA) (NYSE:POT) distance from 50-day simple moving average (SMA50) is 3.11%.
There have been no major moves in Mosaic Company (NYSE:MOS) shares year to date. The reason for this is simple fertilizer prices have found a floor but were reluctant to make a robust rebound. The company recently released its first-quarter earnings report, which showed that Mosaic currently lacks any catalysts that could significantly increase its valuation. Mosaic Co (NYSE:MOS) shares fell -1.04% in last trading session and ended the day on $49.48. MOS gross Margin is 21.30% and its return on assets is 5.70%.Mosaic Co (NYSE:MOS) quarterly performance is 3.56%.
Masco Corporation (NYSE:MAS) announced that Chief Financial Officer John Sznewajs will present at the Deutsche Bank Global Industrials and Basic Materials Conference in Chicago, Illinois on June 5 at 12:20 p.m. ET. Masco Corporation (NYSE:MAS) shares moved up 0.10% in last trading session and was closed at $20.92, while trading in range of $20.78 – $21.19. Masco Corporation (NYSE:MAS) year to date (YTD) performance is -7.52%.
ICICI bank Ltd (ADR) (NYSE:IBN) reduced its home loan rates by 0.10%, but many banks are unlikely to follow the same and reduce the home loan rates. The new rates of the ICICI bank are at par with the country’s largest lending bank SBI. Other bank stated that this move of the ICICI bank is aimed to expand its market in the home loan segment. ICICI Bank Ltd (ADR) (NYSE:IBN) ended the last trading day at $52.16. Company weekly volatility is calculated as 2.03% and price to cash ratio as 0.74.ICICI Bank Ltd (ADR) (NYSE:IBN) showed a positive weekly performance of 12.49%.
FANUC CORP UNSP ADR (OTCMKTS:FANUY) shares moved up 0.43% in last trading session and was closed at $28.11, while trading in range of $27.99 – $28.22.