Stock analysts at Morgan Stanley began coverage on shares of Nutrien (NYSE:NTR) in a research report issued on Friday, The Fly reports. The firm set an “equal weight” rating on the stock.
NTR has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Nutrien from a “hold” rating to a “strong-buy” rating and set a $61.00 price objective on the stock in a research note on Saturday, January 13th. Cowen restated an “outperform” rating and issued a $60.00 price objective on shares of Nutrien in a research note on Thursday, January 4th. BMO Capital Markets began coverage on shares of Nutrien in a research note on Wednesday, January 3rd. They issued a “market perform” rating and a $54.00 price objective on the stock. Royal Bank of Canada began coverage on shares of Nutrien in a research note on Monday, January 8th. They issued an “outperform” rating and a $60.00 price objective on the stock. Finally, Credit Suisse Group began coverage on shares of Nutrien in a research note on Friday, January 5th. They issued a “neutral” rating and a $53.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $59.45.
Shares of Nutrien (NYSE NTR) opened at $53.09 on Friday. Nutrien has a 1 year low of $51.51 and a 1 year high of $56.18. The firm has a market cap of $18,013.14, a price-to-earnings ratio of 38.58, a P/E/G ratio of 2.16 and a beta of 0.46. The company has a quick ratio of 0.50, a current ratio of 0.99 and a debt-to-equity ratio of 0.44.
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