Nutrien (NTR) Upgrade by Jefferies Analyst Laurence Alexander
Jefferies analyst Laurence Alexander has maintained a Buy rating on Nutrien (NTR), setting a price target of $62.00. The company’s shares closed yesterday at $45.28.
Overview of the Company
Nutrien Ltd. is a Canada-based crop nutrient company that produces and distributes potash, nitrogen, and phosphate products for agricultural, industrial, and feed manufacturers.
Analyst Background
Alexander covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, Ecolab, and Sherwin-Williams Company. According to MarketRadar, Alexander has an average return of -1.1% and a 45.59% success rate on recommended stocks.
Current Consensus
Nutrien has an analyst consensus of Moderate Buy, with a price target consensus of $57.27.
Insider Sentiment
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter, there has been an increase in insiders buying their shares of NTR in relation to earlier this year.
Market Performance
NTR market cap is currently $22.08B and has a P/E ratio of 30.20.
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