Nutrien Ltd. (TSE:NTR) Given Average Recommendation of “Hold” by Brokerages

Nutrien Ltd. (TSE:NTR) has earned a consensus recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Separately, Wells Fargo & Company upgraded Nutrien to a “hold” rating in a report on Tuesday, November 11th.

Nutrien Price Performance

NTR opened at C$92.38 on Tuesday. The firm has a market capitalization of C$44.65 billion, a P/E ratio of 24.90, a PEG ratio of 1.15 and a beta of 1.33. The stock has a fifty day moving average of C$83.99 and a 200-day moving average of C$81.63. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. Nutrien has a 12-month low of C$65.35 and a 12-month high of C$94.37.

Nutrien (TSE:NTR) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. The business had revenue of C$6.01 billion for the quarter. Nutrien had a return on equity of 2.93% and a net margin of 2.76%. Equities analysts forecast that Nutrien will post 5.3416399 EPS for the current fiscal year.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.