Nutrien (TSE:NTR) Cut to Strong Sell at UBS Group

UBS Group lowered shares of Nutrien (TSE:NTR) from a hold rating to a strong sell rating in a research report sent to investors on Thursday,Zacks.com reports.

Several other research firms have also recently commented on NTR. BNP Paribas Exane cut shares of Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 23rd. Wells Fargo & Company raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 13th. Jefferies Financial Group upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Finally, TD Securities raised their price objective on shares of Nutrien from C$72.00 to C$80.00 and gave the company a “buy” rating in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$80.00.

Nutrien Trading Up 3.0%

Shares of NTR stock opened at C$105.04 on Thursday. Nutrien has a 1 year low of C$65.35 and a 1 year high of C$116.95. The firm has a market capitalization of C$50.54 billion, a PE ratio of 22.54, a price-to-earnings-growth ratio of 1.15 and a beta of 1.26. The stock has a fifty day moving average of C$99.84 and a two-hundred day moving average of C$88.37. The company has a debt-to-equity ratio of 51.16, a quick ratio of 0.65 and a current ratio of 1.34.

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

Nutrien Company Profile

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.