Nutrien Ltd. (TSE:NTR) Given Consensus Rating of “Hold” by Brokerages

Shares of Nutrien Ltd. (TSE:NTR) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a strong buy recommendation to the company.

Separately, Wells Fargo & Company upgraded shares of Nutrien to a “hold” rating in a research report on Tuesday, November 11th.

Nutrien Price Performance

Shares of Nutrien stock opened at C$82.37 on Tuesday. The business has a 50 day moving average of C$82.92 and a 200 day moving average of C$81.33. Nutrien has a 52 week low of C$65.35 and a 52 week high of C$88.03. The company has a market cap of C$39.81 billion, a PE ratio of 22.20, a P/E/G ratio of 1.15 and a beta of 1.33. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10.

Nutrien (TSE:NTR) last released its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. Nutrien had a net margin of 2.76% and a return on equity of 2.93%. The business had revenue of C$6.01 billion for the quarter. As a group, equities research analysts forecast that Nutrien will post 5.3416399 earnings per share for the current year.

About Nutrien

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.