Nutrien (TSE:NTR) Upgraded at Piper Sandler

Nutrien (TSE:NTR - Get Free Report) was upgraded by stock analysts at Piper Sandler from a "strong sell" rating to a "strong-buy" rating in a research note issued to investors on Monday,Zacks.com reports.

Several other research analysts also recently issued reports on NTR. UBS Group downgraded Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. Wells Fargo & Company lowered shares of Nutrien from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 24th. Finally, Raymond James upgraded Nutrien from a "hold" rating to a "moderate buy" rating in a report on Tuesday, December 3rd. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$64.50.

Nutrien Stock Performance

TSE NTR traded up C$0.47 on Monday, hitting C$74.19. 2,185,905 shares of the company's stock were exchanged, compared to its average volume of 1,797,181. The company has a debt-to-equity ratio of 53.14, a current ratio of 1.26 and a quick ratio of 0.65. The firm's 50-day moving average price is C$66.70 and its two-hundred day moving average price is C$66.55. The firm has a market cap of C$36.71 billion, a price-to-earnings ratio of 33.57, a P/E/G ratio of 1.15 and a beta of 0.95. Nutrien has a fifty-two week low of C$60.74 and a fifty-two week high of C$83.14.

Insider Transactions at Nutrien

In related news, Senior Officer Mark Thompson bought 490 shares of the stock in a transaction dated Monday, November 18th. The stock was acquired at an average price of C$63.99 per share, for a total transaction of C$31,355.10. Also, Director Kenneth Alvin Seitz purchased 10,490 shares of Nutrien stock in a transaction that occurred on Tuesday, December 24th. The shares were bought at an average cost of C$64.04 per share, for a total transaction of C$671,779.60. In the last quarter, insiders bought 11,175 shares of company stock worth $716,056. 0.03% of the stock is currently owned by company insiders.

About Nutrien

Nutrien 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.