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Nutrien (NTR) Stock Forecast & Price Target

Nutrien logo
$48.32 -0.62 (-1.27%)
(As of 04:26 PM ET)

Nutrien - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
3
Hold
6
Buy
10

Based on 19 Wall Street analysts who have issued ratings for Nutrien in the last 12 months, the stock has a consensus rating of "Hold." Out of the 19 analysts, 3 have given a sell rating, 6 have given a hold rating, and 10 have given a buy rating for NTR.

Consensus Price Target

$60.44
25.09% Upside
According to the 19 analysts' twelve-month price targets for Nutrien, the average price target is $60.44. The highest price target for NTR is $76.00, while the lowest price target for NTR is $48.00. The average price target represents a forecasted upside of 25.09% from the current price of $48.32.

NTR Analyst Ratings Over Time

TypeCurrent Forecast
11/9/23 to 11/8/24
1 Month Ago
10/10/23 to 10/9/24
3 Months Ago
8/11/23 to 8/10/24
1 Year Ago
11/9/22 to 11/9/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
11 Buy rating(s)
13 Buy rating(s)
9 Buy rating(s)
Hold
6 Hold rating(s)
5 Hold rating(s)
3 Hold rating(s)
7 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$60.44$61.50$64.89$77.90
Forecasted Upside25.09% Upside25.46% Upside41.25% Upside43.50% Upside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

NTR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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NTR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Nutrien Stock vs. The Competition

TypeNutrienBasic Materials CompaniesS&P 500
Consensus Rating Score
2.37
2.76
2.50
Consensus RatingHoldModerate BuyHold
Predicted Upside26.27% Upside115.29% Upside7.07% Upside
News Sentiment Rating
Neutral News

See Recent NTR News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/5/2024TD Securities
4 of 5 stars
 Lower TargetBuy$64.00 ➝ $63.00+24.38%
10/10/2024UBS Group
4 of 5 stars
J. Spector
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DowngradeBuy ➝ Neutral$66.00 ➝ $51.00+4.04%
9/24/2024Wells Fargo & Company
3 of 5 stars
R. Garchitorena
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DowngradeOverweight ➝ Equal Weight$62.00 ➝ $50.00+5.31%
9/20/2024Royal Bank of Canada
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 Reiterated RatingOutperform ➝ Outperform$60.00 ➝ $60.00+25.26%
9/10/2024The Goldman Sachs Group
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A. Samuelson
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DowngradeBuy ➝ Neutral$69.00 ➝ $53.00+14.99%
8/16/2024Barclays
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 Lower TargetOverweight ➝ Overweight$68.00 ➝ $55.00+18.69%
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8/12/2024Scotiabank
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 Lower TargetSector Outperform ➝ Sector Outperform$66.00 ➝ $59.00+26.96%
8/9/2024BMO Capital Markets
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 Lower TargetOutperform ➝ Outperform$80.00 ➝ $75.00+63.58%
8/8/2024Mizuho
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E. Rodriguez
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Lower TargetNeutral ➝ Neutral$55.00 ➝ $52.00+14.66%
8/2/2024Hsbc Global Res
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S. Seshadri
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DowngradeHold ➝ Moderate Sell
8/2/2024HSBC
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 DowngradeHold ➝ Reduce
6/11/2024Piper Sandler
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 Lower TargetUnderweight ➝ Underweight$56.00 ➝ $55.00+3.33%
4/29/2024Berenberg Bank
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 UpgradeHold ➝ Buy$60.00 ➝ $66.00+25.59%
3/26/2024Jefferies Financial Group
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 Initiated CoverageBuy$62.00+17.92%
3/1/2024Wolfe Research
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 Initiated CoverageOutperform$66.00+26.36%
2/23/2024CIBC
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 Lower TargetOutperform$87.00 ➝ $76.00+42.40%
2/23/2024JPMorgan Chase & Co.
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 DowngradeNeutral ➝ Underweight$58.00 ➝ $48.00-11.36%
1/19/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$72.00 ➝ $75.00+49.31%
1/12/2024Raymond James
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 DowngradeOutperform ➝ Market Perform$80.00 ➝ $65.00+22.91%
11/30/2023BNP Paribas
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 DowngradeOutperform ➝ Neutral
7/25/2023Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$70.00+5.69%
6/8/2023Bank of America
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 Lower Target$94.00 ➝ $85.00+44.73%
5/11/2023Credit Suisse Group
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 Lower Target$70.00 ➝ $60.00-5.30%
3/28/2023Erste Group Bank
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 Reiterated RatingBuy ➝ Hold
1/20/2023Citigroup
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 Lower TargetBuy$87.00 ➝ $86.00+12.82%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 05:04 PM ET.


Should I Buy Nutrien Stock? NTR Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 20, 2024. Please send any questions or comments about these Nutrien pros and cons to contact@marketbeat.com.

Nutrien
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nutrien Ltd.:

  • Nutrien Ltd. has a current stock price of $46.58, which may present a buying opportunity for investors looking for undervalued stocks.
  • The company reported earnings per share of $2.34 for the last quarter, surpassing analysts' estimates by $0.15, indicating strong financial performance.
  • Nutrien Ltd. offers a quarterly dividend of $0.54 per share, providing investors with a steady income stream and a yield of 4.66%.
  • With a diverse business model operating in segments like Retail, Potash, Nitrogen, and Phosphate, Nutrien Ltd. provides exposure to different aspects of the agricultural industry.
  • Analysts have given Nutrien Ltd. an average rating of "Moderate Buy" with a target price of $63.78, suggesting potential upside for investors.

Nutrien
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nutrien Ltd. for these reasons:

  • Several investment analysts have issued sell ratings on Nutrien Ltd., indicating potential concerns about the company's future performance.
  • The stock price of Nutrien Ltd. has experienced a decline, trading at $46.33, which may signal a lack of positive momentum in the market.
  • Despite beating earnings estimates, Nutrien Ltd.'s revenue for the last quarter was down 12.9% compared to the same period last year, reflecting a decline in top-line growth.
  • The company's debt-to-equity ratio of 0.37 may raise concerns about its leverage and financial stability, especially in uncertain economic conditions.
  • While Nutrien Ltd. operates in the agricultural sector, which can be stable, fluctuations in commodity prices and demand could impact the company's profitability.

NTR Forecast - Frequently Asked Questions

According to the research reports of 19 Wall Street equities research analysts, the average twelve-month stock price forecast for Nutrien is $60.44, with a high forecast of $76.00 and a low forecast of $48.00.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nutrien in the last year. There are currently 3 sell ratings, 6 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NTR, but not buy additional shares or sell existing shares.

According to analysts, Nutrien's stock has a predicted upside of 25.09% based on their 12-month stock forecasts.

Over the previous 90 days, Nutrien's stock had 3 downgrades by analysts.

Nutrien has been rated by research analysts at Barclays, Royal Bank of Canada, Scotiabank, TD Securities, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.

Analysts like Nutrien less than other "basic materials" companies. The consensus rating for Nutrien is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how NTR compares to other companies.


This page (NYSE:NTR) was last updated on 11/8/2024 by MarketBeat.com Staff
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