Nutrien (TSE:NTR) Rating Lowered to “Strong Sell” at UBS Group

Nutrien (TSE:NTR) was downgraded by research analysts at UBS Group from a “hold” rating to a “strong sell” rating in a report released on Thursday,Zacks.com reports.

A number of other brokerages have also recently weighed in on NTR. BNP Paribas Exane cut Nutrien from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Jefferies Financial Group raised shares of Nutrien from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Wells Fargo & Company upgraded Nutrien from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 13th. Finally, TD Securities increased their target price on Nutrien from C$72.00 to C$80.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$80.00.

Nutrien Stock Up 3.0%

NTR opened at C$105.04 on Thursday. The firm’s fifty day moving average price is C$99.84 and its two-hundred day moving average price is C$88.30. The company has a market capitalization of C$50.54 billion, a P/E ratio of 22.54, a P/E/G ratio of 1.15 and a beta of 1.26. Nutrien has a fifty-two week low of C$65.35 and a fifty-two week high of C$116.95. The company has a debt-to-equity ratio of 51.16, a current ratio of 1.34 and a quick ratio of 0.65.

Nutrien (TSE:NTR) last issued its earnings results on Wednesday, February 18th. The company reported C$1.14 earnings per share for the quarter. Nutrien had a net margin of 8.44% and a return on equity of 9.13%. The business had revenue of C$5.34 billion for the quarter. On average, analysts anticipate that Nutrien will post 5.3416399 EPS for the current year.

Nutrien Company Profile

Nutrien is a leading global provider of crop inputs and services. We operate a world-class network of production, distribution and ag retail facilities that positions us to efficiently serve the needs of growers. We focus on creating long-term value by prioritizing investments that strengthen the advantages of our business across the ag value chain and by maintaining access to the resources and the relationships with stakeholders needed to achieve our goals.