Separately, analysts at Feltl & Co. initiated coverage on shares of Rentech Nitrogen Par in a research note to investors on Friday, March 9th. They set a “buy” rating and a $28.00 price target on the stock.
Rentech Nitrogen Par traded down 3.97% on Wednesday, hitting $22.75. Rentech Nitrogen Par has a 1-year low of $16.04 and a 1-year high of $29.91. The company has a market cap of $870.2 million and a price-to-earnings ratio of 18.74.
Rentech Nitrogen Partners, L.P. is a provider of clean energy solutions and nitrogen fertilizer, to own, operate and grow its nitrogen fertilizer business.