Scotiabank Upgrades Nutrien (NTR) to “Focus List”

Scotiabank upgraded shares of Nutrien (NYSE:NTR) from an outperform rating to a focus list rating in a research report report published on Monday morning. Scotiabank currently has $60.00 target price on the stock.

NTR has been the topic of several other reports. TD Securities restated a buy rating and set a $65.00 target price on shares of Nutrien in a report on Tuesday, January 9th. Goldman Sachs Group assumed coverage on shares of Nutrien in a report on Tuesday, January 16th. They set a neutral rating and a $68.00 target price on the stock. Morgan Stanley assumed coverage on shares of Nutrien in a report on Friday, January 26th. They set an equal weight rating and a $55.00 target price on the stock. Zacks Investment Research downgraded shares of Nutrien from a strong-buy rating to a hold rating in a report on Friday, January 12th. Finally, HSBC assumed coverage on shares of Nutrien in a report on Thursday, January 11th. They set a buy rating on the stock. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, ten have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and an average target price of $58.50.

Shares of Nutrien (NYSE NTR) opened at $44.35 on Monday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.58 and a current ratio of 2.07. The company has a market cap of $28,720.00 and a P/E ratio of 32.43. Nutrien has a fifty-two week low of $40.41 and a fifty-two week high of $56.18.

An institutional investor recently bought a new position in Nutrien stock. Verity Asset Management Inc. acquired a new stake in Nutrien Ltd. (NYSE:NTR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,354 shares of the company’s stock, valued at approximately $594,000.

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Nutrien Company Profile

Nutrien Ltd. produces and distributes potash, nitrogen, and phosphate products for agricultural, industrial, and feed customers worldwide. It offers potash crop feed, fertilizer, industrial, metal finishing, and purified acid products, as well as blends. The company is also involved in the retail operations that serve growers in seven countries across three continents.

Analyst Recommendations for Nutrien (NYSE:NTR)

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