Nutrien (TSE:NTR) Price Target Raised to C$80.00 at TD Securities

Nutrien (TSE:NTR) had its price objective increased by TD Securities from C$72.00 to C$80.00 in a research report sent to investors on Wednesday,BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Separately, Wells Fargo & Company upgraded shares of Nutrien to a “hold” rating in a research note on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Nutrien has an average rating of “Hold” and an average target price of C$80.00.

Nutrien Trading Up 1.0%

Shares of NTR opened at C$96.33 on Wednesday. Nutrien has a twelve month low of C$65.35 and a twelve month high of C$99.79. The stock has a market cap of C$46.56 billion, a PE ratio of 25.96, a P/E/G ratio of 1.15 and a beta of 1.31. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The business’s 50-day moving average price is C$90.37 and its 200-day moving average price is C$83.75.

Insider Buying and Selling at Nutrien

In related news, insider Jeffrey Martin Tarsi sold 18,846 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of C$87.60, for a total value of C$1,650,909.60. Following the transaction, the insider owned 2,312 shares of the company’s stock, valued at C$202,531.20. This represents a 89.07% decrease in their ownership of the stock. Company insiders own 0.03% of the company’s stock.

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.