Nufarm Limited Given “Neutral” Rating at Credit Suisse (NUF)
Nufarm Limited (ASX:NUF)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse in a research report issued on Tuesday. They currently have a $4.90 target price on the stock.
Nufarm Limited (ASX:NUF) remained flat at A$4.290 during during mid-day trading trading on Tuesday. The stock had a trading volume of 87,479 shares. Nufarm Limited has a 52-week low of A$3.770 and a 52-week high of A$5.230. The stock’s 50-day moving average is A$4.51 and its 200-day moving average is A$4.23. The company has a market cap of A$1.130 billion and a P/E ratio of 14.49.
A number of other firms have also recently commented on NUF. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Nufarm Limited in a research note on Wednesday, July 30th.
Nufarm Limited is an Australia-based global crop protection company. The Company develops, manufactures and sells a range of crop protection products, including herbicides, insecticides and fungicides that help crop producers protect their crops against damage caused by weeds, pests and disease.
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