Brazil Potash’s (GRO) Buy Rating Reiterated at HC Wainwright

HC Wainwright reaffirmed their buy rating on shares of Brazil Potash (NYSEAMERICAN:GRO) in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a $4.75 price target on the stock. HC Wainwright also issued estimates for Brazil Potash’s FY2026 earnings at ($0.69) EPS.

Several other equities analysts have also recently issued reports on GRO. Zacks Research upgraded Brazil Potash from a “strong sell” rating to a “hold” rating in a research report on Monday, June 29th. Canaccord Genuity Group began coverage on Brazil Potash in a research note on Tuesday, July 21st. They set a “speculative buy” rating and a $5.00 target price for the company. Finally, Roth Capital reaffirmed a “buy” rating and set a $5.25 target price on shares of Brazil Potash in a report on Wednesday, April 29th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $5.00.

Brazil Potash Stock Down 5.1%

Brazil Potash stock opened at $2.44 on Wednesday. Brazil Potash has a 12-month low of $1.67 and a 12-month high of $3.99. The company has a 50 day moving average of $2.22.

Brazil Potash (NYSEAMERICAN:GRO) last announced its earnings results on Friday, August 14th. The company reported ($0.13) EPS for the quarter.

Institutional Trading of Brazil Potash

A number of large investors have recently added to or reduced their stakes in GRO. Integral Investment Advisors Inc. acquired a new position in Brazil Potash in the first quarter worth approximately $36,000. Ferguson Shapiro LLC acquired a new stake in shares of Brazil Potash during the 1st quarter valued at $45,000. Walleye Capital LLC acquired a new stake in shares of Brazil Potash during the 1st quarter valued at $274,000. EverSource Wealth Advisors LLC boosted its stake in shares of Brazil Potash by 4.5% during the 1st quarter. EverSource Wealth Advisors LLC now owns 138,839 shares of the company’s stock worth $450,000 after acquiring an additional 5,937 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Brazil Potash by 5,630.7% during the 1st quarter. Bank of America Corp DE now owns 156,277 shares of the company’s stock worth $506,000 after acquiring an additional 153,550 shares in the last quarter.

Brazil Potash Company Profile

Brazil Potash Corp is a mineral exploration and development company with a potash mining project located in the state of Amazonas, Brazil. The company’s technical operations are based in Autazes, Amazonas, Brazil, and Belo Horizonte, Minas Gerais, Brazil. The operating activities of the company include focusing on the extraction and processing of potash ore from the mines of the Autazes Project and selling and distributing the processed potash in Brazil.