Nutrien Ltd. (TSE:NTR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Nutrien Ltd. (TSE:NTR) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is C$80.00.

NTR has been the subject of several research analyst reports. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. BNP Paribas Exane lowered shares of Nutrien from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. UBS Group cut shares of Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday. TD Securities lifted their price objective on shares of Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Finally, Wells Fargo & Company upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th.

Nutrien Stock Performance

TSE:NTR opened at C$105.04 on Friday. The business’s 50-day moving average price is C$99.84 and its two-hundred day moving average price is C$88.37. Nutrien has a twelve month low of C$65.35 and a twelve month high of C$116.95. The stock has a market cap of C$50.54 billion, a P/E ratio of 22.54, a PEG ratio of 1.15 and a beta of 1.26. The company has a quick ratio of 0.65, a current ratio of 1.34 and a debt-to-equity ratio of 51.16.

Nutrien (TSE:NTR) last issued its quarterly earnings data on Wednesday, February 18th. The company reported C$1.14 EPS for the quarter. The company had revenue of C$5.34 billion during the quarter. Nutrien had a return on equity of 9.13% and a net margin of 8.44%. As a group, equities analysts predict that Nutrien will post 5.3416399 EPS for the current fiscal year.

About Nutrien

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.