Nutrien Ltd. (TSE:NTR) Stock Now Rated “Moderate Buy” by Wall Street Analysts

Nutrien Ltd. (TSE:NTR – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eleven research firms that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and three have assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$74.33.

NTR has been the topic of a number of research reports. BNP Paribas Exane raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 28th. KeyCorp raised shares of Nutrien to a “hold” rating in a research note on Thursday, September 10th. Jefferies Financial Group cut shares of Nutrien from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$96.00 to C$63.00 in a research report on Thursday, July 16th. National Bank Financial lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Scotiabank raised shares of Nutrien from a “hold” rating to a “sector outperform” rating and set a C$80.00 target price for the company in a research report on Tuesday, June 30th.

Check Out Our Latest Research Report on NTR

Nutrien Trading Down 1.5%

TSE NTR opened at C$95.65 on Thursday. The company has a debt-to-equity ratio of 49.14, a quick ratio of 0.65 and a current ratio of 1.39. Nutrien has a one year low of C$74.77 and a one year high of C$116.95. The firm’s fifty day moving average is C$102.77 and its two-hundred day moving average is C$98.16. The firm has a market cap of C$45.65 billion, a PE ratio of 19.36, a P/E/G ratio of 1.15 and a beta of 0.69.

Nutrien (TSE:NTR – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported C$3.71 earnings per share (EPS) for the quarter. Nutrien had a net margin of 8.44% and a return on equity of 9.27%. The firm had revenue of C$15.36 billion during the quarter. Analysts expect that Nutrien will post 5.34 earnings per share for the current year.

About Nutrien

(Get Free Report)

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.

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Analyst Recommendations for Nutrien (TSE:NTR)

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