Nutrien Ltd. (TSE:NTR - Get Free Report) has received an average rating of "Hold" from the five analysts that are presently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$64.50.
NTR has been the topic of several recent analyst reports. Raymond James upgraded Nutrien from a "hold" rating to a "moderate buy" rating in a research note on Tuesday, December 3rd. Wells Fargo & Company cut Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 24th. The Goldman Sachs Group cut shares of Nutrien from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 10th. Finally, UBS Group downgraded shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th.
Check Out Our Latest Report on Nutrien
Nutrien Price Performance
Shares of TSE NTR traded up C$2.38 during trading hours on Friday, hitting C$67.65. 1,431,366 shares of the stock were exchanged, compared to its average volume of 1,731,318. The company's fifty day simple moving average is C$66.07 and its two-hundred day simple moving average is C$66.66. The company has a market cap of C$33.47 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The company has a debt-to-equity ratio of 53.14, a quick ratio of 0.65 and a current ratio of 1.26. Nutrien has a 1-year low of C$60.74 and a 1-year high of C$83.14.
Nutrien Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be paid a dividend of $0.54 per share. This represents a $2.16 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Tuesday, December 31st. Nutrien's payout ratio is 132.13%.
Insider Transactions at Nutrien
In other Nutrien news, Senior Officer Mark Thompson purchased 490 shares of the business's stock in a transaction dated Monday, November 18th. The shares were bought at an average price of C$63.99 per share, for a total transaction of C$31,355.10. Also, Director Kenneth Alvin Seitz acquired 10,490 shares of the firm's stock in a transaction that occurred on Tuesday, December 24th. The stock was bought at an average price of C$64.04 per share, with a total value of C$671,779.60. Over the last three months, insiders have bought 11,175 shares of company stock worth $716,056. Insiders own 0.03% of the company's stock.
Nutrien Company Profile
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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.
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