Nutrien Ltd. (TSE:NTR) Receives Average Recommendation of “Hold” from Brokerages

Shares of Nutrien Ltd. (TSE:NTRGet Free Report) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the stock, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is C$72.25.

NTR has been the subject of a number of research analyst reports. Barclays decreased their price target on Nutrien from C$68.00 to C$64.00 and set an “underweight” rating for the company in a research report on Friday, October 20th. Royal Bank of Canada reduced their price objective on Nutrien from C$85.00 to C$80.00 and set an “outperform” rating for the company in a report on Friday, November 3rd.

Check Out Our Latest Report on Nutrien

Nutrien Stock Performance

Shares of NTR opened at C$77.93 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.65 and a debt-to-equity ratio of 59.48. The company has a market capitalization of C$38.54 billion, a price-to-earnings ratio of 12.84, a PEG ratio of 0.36 and a beta of 1.01. The stock has a 50 day moving average of C$80.39 and a 200 day moving average of C$81.69. Nutrien has a 12 month low of C$70.69 and a 12 month high of C$113.32.

Nutrien Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Thursday, December 28th. Nutrien’s dividend payout ratio (DPR) is 48.43%.

About Nutrien

(Get Free Report

Nutrien Ltd. provides crop inputs and services. The company operates through Retail, Potash, Nitrogen, and Phosphate segments. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products. The Nitrogen segment offers ammonia, urea, urea ammonium nitrate, industrial grade ammonium nitrate, and ammonium sulfate.

Featured Articles

Analyst Recommendations for Nutrien (TSE:NTR)

Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.