Nutrien - NTR Stock Forecast, Price & News

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. In addition, it provides services directly to growers through a network of farm centers in North America, South America, and Australia. The company was founded in 2017 and is headquartered in Saskatoon, Canada.

Nutrien Stock Up 3.5 %

NTR Stock opened at C$113.81 on Wednesday. Nutrien has a one year low of C$73.57 and a one year high of C$147.93. The stock has a market capitalization of C$61.34 billion and a PE ratio of 11.40. The company has a debt-to-equity ratio of 50.24, a quick ratio of 0.47 and a current ratio of 1.14. The company has a fifty day moving average of C$106.40 and a 200-day moving average of C$114.64.

Nutrien Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be issued a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a yield of 1.69%. Nutrien's dividend payout ratio (DPR) is currently 18.84%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. initiated coverage on shares of Nutrien in a research report on Thursday, April 14th. They set a "buy" rating on the stock. Credit Suisse Group assumed coverage on shares of Nutrien in a research report on Thursday, July 14th. They set a "sell" rating and a C$67.00 target price for the company. BMO Capital Markets reaffirmed a "buy" rating and issued a C$125.00 price objective on shares of Nutrien in a report on Friday, June 10th. Piper Sandler reissued a "buy" rating and set a C$125.00 target price on shares of Nutrien in a research note on Tuesday, May 31st. Finally, Citigroup cut their target price on shares of Nutrien to C$99.00 and set a "buy" rating for the company in a research note on Friday, June 17th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, Nutrien presently has an average rating of "Moderate Buy" and an average price target of C$96.79.