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

Nutrien Ltd. (TSE:NTR) has been given an average rating of “Moderate Buy” by the nine research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and three have given a strong buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is C$80.00.

Several research analysts recently commented on NTR shares. BNP Paribas Exane cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Barclays raised Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Monday. Wells Fargo & Company raised Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. UBS Group cut Nutrien from a “hold” rating to a “strong sell” rating in a research report on Thursday, March 26th. Finally, Jefferies Financial Group raised Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th.

Nutrien Stock Up 1.6%

NTR stock opened at C$101.43 on Thursday. The company has a debt-to-equity ratio of 51.16, a current ratio of 1.34 and a quick ratio of 0.65. The stock has a market capitalization of C$48.80 billion, a P/E ratio of 21.77, a P/E/G ratio of 1.15 and a beta of 0.99. The business has a 50-day moving average of C$102.72 and a 200-day moving average of C$91.72. Nutrien has a fifty-two week low of C$74.58 and a fifty-two week high of C$116.95.

Nutrien (TSE:NTR) last posted its quarterly earnings data on Wednesday, February 18th. The company reported C$1.14 earnings per share 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 during the quarter. On average, sell-side analysts anticipate that Nutrien will post 5.3416399 earnings per share 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.