Investment analysts at Bank of America began coverage on shares of Nutrien (NYSE:NTR) in a note issued to investors on Friday, January 5th, Marketbeat.com reports. The firm set an “underperform” rating and a $50.00 price target on the stock. Bank of America’s target price would indicate a potential downside of 5.73% from the company’s previous close.
A number of other equities analysts also recently weighed in on the company. Cowen reaffirmed an “outperform” rating and set a $60.00 price target on shares of Nutrien in a research report on Thursday, January 4th. BMO Capital Markets assumed coverage on Nutrien in a research report on Wednesday, January 3rd. They set a “market perform” rating and a $54.00 price target for the company. Credit Suisse Group assumed coverage on Nutrien in a research note on Friday, January 5th. They set a “neutral” rating and a $53.00 price objective on the stock. UBS Group reiterated a “buy” rating on shares of Nutrien in a research note on Wednesday, January 3rd. Finally, Raymond James Financial started coverage on Nutrien in a research note on Friday, January 5th. They issued a “market perform” rating and a $60.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Nutrien currently has a consensus rating of “Buy” and a consensus price target of $59.08.
Nutrien (NTR) opened at $53.04 on Friday. The stock has a market capitalization of $18,043.36, a PE ratio of 42.95, a P/E/G ratio of 2.16 and a beta of 0.46. Nutrien has a twelve month low of $51.51 and a twelve month high of $56.18. The company has a quick ratio of 0.50, a current ratio of 0.99 and a debt-to-equity ratio of 0.44.
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