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

Nutrien Ltd. (NYSE:NTRGet Free Report) has received an average recommendation of “Hold” from the twenty analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $72.84.

Several research firms recently weighed in on NTR. Berenberg Bank reduced their price target on shares of Nutrien from $67.00 to $60.00 and set a “hold” rating for the company in a research report on Thursday, February 8th. Barclays raised Nutrien from an “underweight” rating to an “overweight” rating and increased their price objective for the company from $64.00 to $68.00 in a research note on Tuesday, November 14th. The Goldman Sachs Group reduced their target price on shares of Nutrien from $88.00 to $78.00 and set a “buy” rating for the company in a research report on Thursday, February 1st. Piper Sandler dropped their price objective on shares of Nutrien from $70.00 to $68.00 and set a “neutral” rating for the company in a research note on Friday, November 17th. Finally, Royal Bank of Canada lowered their target price on Nutrien from $80.00 to $75.00 and set an “outperform” rating on the stock in a report on Wednesday, January 10th.

Get Our Latest Stock Report on Nutrien

Nutrien Stock Performance

NTR opened at $50.05 on Thursday. The firm has a 50 day moving average of $53.25 and a two-hundred day moving average of $57.80. The firm has a market capitalization of $24.75 billion, a PE ratio of 11.56, a P/E/G ratio of 1.32 and a beta of 0.89. The company has a current ratio of 1.25, a quick ratio of 0.79 and a debt-to-equity ratio of 0.37. Nutrien has a 12-month low of $48.29 and a 12-month high of $83.29.

Institutional Investors Weigh In On Nutrien

Institutional investors have recently modified their holdings of the company. GHP Investment Advisors Inc. purchased a new position in shares of Nutrien in the 3rd quarter valued at approximately $27,000. Headlands Technologies LLC purchased a new position in Nutrien during the 2nd quarter worth $28,000. Legacy Financial Group LLC acquired a new stake in shares of Nutrien in the 3rd quarter worth $28,000. Covestor Ltd purchased a new stake in shares of Nutrien in the first quarter valued at about $30,000. Finally, Zions Bancorporation N.A. raised its holdings in Nutrien by 55.2% during the first quarter. Zions Bancorporation N.A. now owns 301 shares of the company’s stock worth $31,000 after purchasing an additional 107 shares in the last quarter. 62.77% of the stock is owned by hedge funds and other institutional investors.

Nutrien Company Profile

(Get Free Report

Nutrien Ltd. provides crop inputs and services. The company operates through Retail, Potash, Nitrogen, and Phosphate segments. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products. The Nitrogen segment offers ammonia, urea, urea ammonium nitrate, industrial grade ammonium nitrate, and ammonium sulfate.

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Analyst Recommendations for Nutrien (NYSE:NTR)

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