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

Nutrien Ltd. (NYSE:NTR) has been assigned a consensus rating of “Moderate Buy” from the seventeen ratings firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $59.00.

A number of equities analysts recently commented on the company. Oppenheimer began coverage on Nutrien in a research note on Thursday, December 12th. They issued an “outperform” rating and a $60.00 price objective on the stock. Wells Fargo & Company upped their price objective on shares of Nutrien from $52.00 to $53.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 28th. Barclays reiterated an “equal weight” rating and set a $56.00 price objective (up from $55.00) on shares of Nutrien in a research report on Tuesday, January 21st. TD Securities dropped their target price on shares of Nutrien from $63.00 to $61.00 and set a “buy” rating on the stock in a report on Tuesday, November 12th. Finally, UBS Group upped their price target on shares of Nutrien from $51.00 to $53.00 and gave the company a “neutral” rating in a research report on Tuesday, January 28th.

Institutional Trading of Nutrien

A number of hedge funds and other institutional investors have recently bought and sold shares of NTR. CWM LLC grew its holdings in shares of Nutrien by 30.6% during the third quarter. CWM LLC now owns 7,738 shares of the company’s stock valued at $372,000 after buying an additional 1,815 shares during the last quarter. Creative Planning boosted its stake in Nutrien by 1.3% during the 3rd quarter. Creative Planning now owns 36,524 shares of the company’s stock valued at $1,755,000 after purchasing an additional 473 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in Nutrien by 14.8% during the 3rd quarter. Vontobel Holding Ltd. now owns 23,087 shares of the company’s stock valued at $1,109,000 after purchasing an additional 2,979 shares during the last quarter. Glenorchy Capital Ltd increased its holdings in Nutrien by 32.4% during the 3rd quarter. Glenorchy Capital Ltd now owns 47,648 shares of the company’s stock worth $2,290,000 after purchasing an additional 11,666 shares in the last quarter. Finally, Brown Lisle Cummings Inc. raised its stake in shares of Nutrien by 43.6% in the third quarter. Brown Lisle Cummings Inc. now owns 9,378 shares of the company’s stock worth $451,000 after purchasing an additional 2,849 shares during the last quarter. Institutional investors own 63.10% of the company’s stock.

Nutrien Stock Up 0.4 %

Shares of NYSE:NTR opened at $50.92 on Monday. The business has a fifty day simple moving average of $49.02 and a 200 day simple moving average of $48.12. Nutrien has a 12-month low of $43.69 and a 12-month high of $60.87. The firm has a market cap of $25.01 billion, a P/E ratio of 34.18, a P/E/G ratio of 1.13 and a beta of 0.81. The company has a quick ratio of 0.82, a current ratio of 1.27 and a debt-to-equity ratio of 0.38.

Nutrien Company Profile

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.