Somewhat Positive News Coverage Somewhat Unlikely to Impact Nutrien (NTR) Share Price
News stories about Nutrien (NYSE:NTR) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nutrien earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.4095312423394 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Nutrien (NYSE NTR) traded down $0.16 during midday trading on Wednesday, hitting $44.54. The stock had a trading volume of 2,065,528 shares, compared to its average volume of 2,004,373. The company has a quick ratio of 1.58, a current ratio of 2.07 and a debt-to-equity ratio of 0.45. The company has a market cap of $28,800.00 and a P/E ratio of 32.36. Nutrien has a 52-week low of $40.41 and a 52-week high of $56.18.
A number of brokerages have issued reports on NTR. Stifel Nicolaus began coverage on shares of Nutrien in a report on Wednesday, January 10th. They set a “buy” rating and a $64.00 price objective for the company. Stephens reiterated a “buy” rating and set a $57.00 target price on shares of Nutrien in a research report on Wednesday, February 7th. Raymond James Financial lowered their target price on Nutrien from $60.00 to $58.00 and set a “market perform” rating for the company in a research report on Wednesday, February 7th. Scotiabank upgraded Nutrien from an “outperform” rating to a “focus list” rating and set a $60.00 target price for the company in a research report on Monday. Finally, HSBC initiated coverage on Nutrien in a research report on Thursday, January 11th. They set a “buy” rating for the company. One analyst has rated the stock with a sell rating, five have given a hold rating, ten have given a buy rating and two have issued a strong buy rating to the company. Nutrien presently has an average rating of “Buy” and a consensus target price of $58.50.
Nutrien Ltd. produces and distributes potash, nitrogen, and phosphate products for agricultural, industrial, and feed customers worldwide. It offers potash crop feed, fertilizer, industrial, metal finishing, and purified acid products, as well as blends. The company is also involved in the retail operations that serve growers in seven countries across three continents.
Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.