Potash Corporation of Saskatchewan ( POT) is an integrated fertilizer and related industrial and feed producer. The company owns and operates five potash mines in Saskatchewan and one in New Brunswick. Besides, it also owns a phosphate mine, two mineral processing plants and a few nitrogen facilities.

Of the 27 analysts covering the stock, 63% recommend a buy while the remaining rate a hold. There are no sell ratings. On average, analysts estimate a 6.3% upside from current levels.

For the latest fourth quarter, the company reported earnings of $482.3 million, or $1.61 per diluted share, as compared to $239.2 million, or 79 cents per share, during the same quarter a year-ago. Meanwhile, sales for the quarter rose $1.8 billion from $1.1 billion in the corresponding period a year ago. For 2011, the company guides earnings per share between $2.8 and $3.2, after considering the planned three-for-one stock split.

Looking ahead to 2011, Potash Corp estimates record potash shipments of 9.5-10 million tonnes, primarily driven by demand from Latin America, China and India, as farmers look to improve their crops. The company's CEO commented that potash prices are seen rising throughout the year, in light of a tightening market. For full-year 2011, capital expenditure is expected at around $2 billion.

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