Nutrien Ltd. (TSE:NTR) Given Consensus Recommendation of “Hold” by Analysts

Nutrien Ltd. (TSE:NTR) has been given a consensus rating of “Hold” by the seven research firms that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a strong buy recommendation to the company.

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

Nutrien Stock Performance

Shares of Nutrien stock opened at C$82.37 on Tuesday. Nutrien has a 12 month low of C$65.35 and a 12 month high of C$88.03. The firm has a market capitalization of C$39.81 billion, a P/E ratio of 22.20, a P/E/G ratio of 1.15 and a beta of 1.33. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. The business has a fifty day simple moving average of C$82.92 and a two-hundred day simple moving average of C$81.33.

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

About Nutrien

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.