Nutrien (NTR) Stock Forecast & Price Target

$45.90 -0.90 (-1.92%)

(As of 05:11 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

Hold

Based on 19 Analyst Ratings

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

$60.33
31.45% Upside

According to the 19 analysts' twelve-month price targets for Nutrien, the average price target is $60.33. 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 31.45% from the current price of $45.90.

Get the Latest News and Ratings for NTR and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Nutrien and its competitors.

NTR Analyst Ratings Over Time

Type	Current Forecast 11/27/23 to 11/26/24	1 Month Ago 10/28/23 to 10/27/24	3 Months Ago 8/29/23 to 8/28/24	1 Year Ago 11/27/22 to 11/27/23
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)	10 Buy rating(s)	13 Buy rating(s)	10 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	3 Hold rating(s)	7 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$60.33	$60.67	$63.78	$77.65
Forecasted Upside	31.45% Upside	26.68% Upside	33.45% Upside	40.93% Upside
Consensus Rating	Hold	Hold	Moderate Buy	Moderate Buy

Video: Blindfolded Man Gets Into a Cybertruck… What Happens Next Will Shock You (Ad)

“Hi, I’m Jeff Brown… Even though I can’t see a thing… I’m about to get in this Cybertruck and drive up to a location just a few miles from here to show you Elon Musk’s next AI product. I promise what happens next will shock you…”

Click here to see what happened

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.

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.

Nutrien Stock vs. The Competition

Type	Nutrien	Basic Materials Companies	S&P 500
Consensus Rating Score	2.37	2.76	2.50
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	31.59% Upside	127.62% Upside	7.11% Upside
News Sentiment Rating	Positive News See Recent NTR News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/12/2024	TD Securities 4 of 5 stars		Lower Target	Buy	$63.00 ➝ $61.00	+29.32%
10/10/2024	UBS Group 4 of 5 stars	J. Spector Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$66.00 ➝ $51.00	+4.04%
9/24/2024	Wells Fargo & Company 3 of 5 stars	R. Garchitorena Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$62.00 ➝ $50.00	+5.31%
9/20/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Outperform	$60.00 ➝ $60.00	+25.26%
9/10/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	A. Samuelson Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$69.00 ➝ $53.00	+14.99%
8/16/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$68.00 ➝ $55.00	+18.69%
A “Thank You Gift” From Pres. Trump - Genius (Ad) Trump quietly left open an "off the books" wealth-protection loophole hidden in the 6,871 pages of the IRS Tax Code… And since then… "In the know" patriots have quietly used this same "Trump revenge loophole" to shield their life savings from Bidenomics… Get Your Free Gold Guide
8/12/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Outperform ➝ Sector Outperform	$66.00 ➝ $59.00	+26.96%
8/9/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform ➝ Outperform	$80.00 ➝ $75.00	+63.58%
8/8/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Rodriguez Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$55.00 ➝ $52.00	+14.66%
8/2/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Seshadri Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Moderate Sell
8/2/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Reduce
6/11/2024	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underweight ➝ Underweight	$56.00 ➝ $55.00	+3.33%
4/29/2024	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$60.00 ➝ $66.00	+25.59%
3/26/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$62.00	+17.92%
3/1/2024	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Outperform	$66.00	+26.36%
2/23/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$87.00 ➝ $76.00	+42.40%
2/23/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underweight	$58.00 ➝ $48.00	-11.36%
1/19/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$72.00 ➝ $75.00	+49.31%
1/12/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Market Perform	$80.00 ➝ $65.00	+22.91%
11/30/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
7/25/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$70.00	+5.69%
6/8/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$94.00 ➝ $85.00	+44.73%
5/11/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$70.00 ➝ $60.00	-5.30%
3/28/2023	Erste Group Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
1/20/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$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 Tuesday at 05:32 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 Wednesday, November 20, 2024. Please send any questions or comments about these Nutrien pros and cons to contact@marketbeat.com.

Nutrien
Bull Case

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

Nutrien Ltd. recently announced an increase in its quarterly dividend to $0.939 per share, reflecting a strong commitment to returning value to shareholders. This increase represents an annualized dividend of $3.76, which translates to a yield of approximately 7.77%, making it an attractive option for income-focused investors.
The stock is currently trading at $48.32, which is below the consensus target price of $60.44. This suggests potential upside for investors looking to capitalize on price appreciation.
Nutrien Ltd. has a diverse business model, operating through four segments: Retail, Potash, Nitrogen, and Phosphate. This diversification can help mitigate risks associated with market fluctuations in any single segment.
Despite a recent earnings miss, Nutrien Ltd. reported revenue of $5.35 billion, exceeding analyst estimates. This indicates strong operational performance and resilience in a challenging market environment.
The company has a relatively low debt-to-equity ratio of 0.37, suggesting a conservative approach to leverage, which can be appealing to risk-averse investors.

Nutrien
Bear Case

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

Nutrien Ltd. has received multiple downgrades from analysts, with recent price targets being lowered by firms such as Mizuho and UBS Group. This could indicate a lack of confidence in the stock's near-term performance.
The company reported a year-over-year revenue decline of 5.0%, which may raise concerns about its growth trajectory and ability to maintain profitability in a competitive market.
With a current ratio of 1.26 and a quick ratio of 0.82, there are indications that Nutrien Ltd. may face challenges in meeting short-term liabilities, which could impact liquidity.
The stock has experienced volatility, with a beta of 0.82, suggesting that it may not be as stable as some investors prefer, especially in uncertain market conditions.
Analysts have assigned a consensus rating of "Hold," which may suggest that the stock is not currently viewed as a strong buy, potentially limiting upside for new investors.

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 $60.33, with a high forecast of $76.00 and a low forecast of $48.00.
: 19 Wall Street research 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 research 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 31.45% 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 Royal Bank of Canada, 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.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This Crisis Could Be Worse Than 2008 (Ad)

Underneath the surface, cracks are forming. Cracks that threaten to shatter everything we know. America is teetering on the edge of a collapse unlike anything we've seen.

In my new book, "Midnight in America," I expose the hidden deals between Washington and Wall Street.

This page (NYSE:NTR) was last updated on 11/26/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Nutrien (NTR) Stock Forecast & Price Target