Nutrien Ltd. (TSE:NTR - Get Free Report) has been given an average recommendation of "Hold" by the five analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is C$64.50.
Several research analysts have issued reports on NTR shares. The Goldman Sachs Group downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 10th. Wells Fargo & Company cut Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 24th. UBS Group downgraded Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. Finally, Raymond James raised Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd.
Get Our Latest Analysis on Nutrien
Nutrien Stock Performance
Shares of Nutrien stock traded up C$1.19 on Monday, hitting C$69.07. The stock had a trading volume of 783,430 shares, compared to its average volume of 1,511,898. The stock has a market cap of C$34.17 billion, a price-to-earnings ratio of 30.71, a P/E/G ratio of 1.15 and a beta of 0.95. The company has a current ratio of 1.26, a quick ratio of 0.65 and a debt-to-equity ratio of 53.14. Nutrien has a 52-week low of C$60.74 and a 52-week high of C$83.14. The company's 50 day moving average price is C$66.28 and its 200 day moving average price is C$68.32.
Nutrien Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 3.13%. The ex-dividend date of this dividend is Tuesday, December 31st. Nutrien's dividend payout ratio is presently 132.13%.
Insiders Place Their Bets
In related news, Director Keith Martell bought 1,250 shares of the firm's stock in a transaction on Thursday, September 19th. The shares were bought at an average cost of C$65.23 per share, for a total transaction of C$81,537.50. Also, Senior Officer Mark Thompson purchased 3,155 shares of the business's stock in a transaction dated Wednesday, September 25th. The stock was bought at an average price of C$63.79 per share, with a total value of C$201,257.45. In the last 90 days, insiders have acquired 5,390 shares of company stock worth $346,265. Company insiders own 0.03% of the company's stock.
Nutrien Company Profile
(
Get Free ReportNutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.
Further Reading
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