Nutrien (TSE:NTR – Get Rating) had its price target dropped by analysts at Citigroup to C$99.00 in a research report issued to clients and investors on Friday, Stock Target Advisor reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential downside of 8.86% from the company’s previous close.
A number of other research firms also recently issued reports on NTR. Barclays assumed coverage on shares of Nutrien in a research note on Wednesday, June 1st. They set a “buy” rating and a C$116.00 price objective on the stock. Piper Sandler reiterated a “buy” rating and set a C$125.00 price objective on shares of Nutrien in a research note on Tuesday, May 31st. Raymond James restated a “buy” rating and issued a C$121.00 target price on shares of Nutrien in a research note on Friday, February 18th. Atlantic Securities upgraded shares of Nutrien to a “hold” rating and set a C$79.00 target price for the company in a research note on Friday, February 18th. Finally, Scotiabank downgraded shares of Nutrien from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, March 28th. Two research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$99.08.
Shares of TSE NTR traded down C$1.64 during mid-day trading on Friday, hitting C$108.63. 1,691,563 shares of the company’s stock traded hands, compared to its average volume of 1,794,318. The company’s 50-day moving average is C$126.63 and its two-hundred day moving average is C$110.97. The company has a debt-to-equity ratio of 50.24, a current ratio of 1.14 and a quick ratio of 0.47. The company has a market capitalization of C$59.89 billion and a P/E ratio of 11.15. Nutrien has a 1 year low of C$71.40 and a 1 year high of C$147.93.
Nutrien Company Profile (Get Rating)
Nutrien Ltd. provides crop inputs and services. It offers potash, nitrogen, phosphate, and sulfate products; and financial solutions. The company also distributes crop nutrients, crop protection products, seeds, and merchandise products through approximately 2,000 retail locations in the United States, Canada, South America, and Australia.
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