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JP Morgan gives an Underweight recommendation for CF Industries Holdings Inc (CF)

In a filing, CF Industries Holdings Inc revealed its EVP and Chief Admin. Officer Menzel Susan L unloaded Company’s shares for reported $0.14 million on Jan 15 ’25. In the deal valued at $96.00 per share,1,500 shares were sold. As a result of this transaction, Menzel Susan L now holds 92,486 shares worth roughly $8.55 million.

Then, Menzel Susan L sold 1,350 shares, generating $132,300 in total proceeds. Upon selling the shares at $98.00, the EVP and Chief Admin. Officer now owns 91,136 shares.

Before that, Menzel Susan L bought 4,200 shares. CF Industries Holdings Inc shares valued at $403,200 were divested by the Officer at a price of $96.00 per share.

JP Morgan downgraded its CF Industries Holdings Inc [CF] rating to an Underweight from a a Neutral in a research note published on January 24, 2025; the price target was decreased to $75 from $82. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who decreased its forecast for the stock in late January from “an Outperform” to “a Sector perform”. Barclays also remained covering CF and has decreased its forecast on January 21, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Piper Sandler revised its rating on January 13, 2025. It rated CF as “an Overweight” which previously was an “an Underweight”.

Price Performance Review of CF

On Monday, CF Industries Holdings Inc [NYSE:CF] saw its stock jump 0.28% to $92.47. Over the last five days, the stock has gained 4.17%. CF Industries Holdings Inc shares have risen nearly 8.38% since the year began. Nevertheless, the stocks have risen 22.46% over the past one year. While a 52-week high of $98.25 was reached on 01/16/25, a 52-week low of $69.13 was recorded on 01/02/25. SMA at 50 days reached $89.55, while 200 days put it at $81.64.

Levels Of Support And Resistance For CF Stock

The 24-hour chart illustrates a support level at 90.36, which if violated will result in even more drops to 88.25. On the upside, there is a resistance level at 93.59. A further resistance level may holdings at 94.72. The Relative Strength Index (RSI) on the 14-day chart is 54.06, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.84%. Stochastics %K at 46.14% indicates the stock is a holding.

How much short interest is there in CF Industries Holdings Inc?

A steep rise in short interest was recorded in CF Industries Holdings Inc stocks on 2025-01-15, dropping by -0.48 million shares to a total of 4.61 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.09 million shares. There was a decline of -10.37%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on December 12, 2024 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $114 price target.

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