Nutrien Ltd. (TSE:NTR) Receives Consensus Recommendation of “Hold” from Brokerages

Nutrien Ltd. (TSE:NTR) has earned a consensus recommendation of “Hold” from the seven analysts that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has issued a strong buy recommendation on the company.

Separately, Wells Fargo & Company raised Nutrien to a “hold” rating in a research note on Tuesday, November 11th.

Nutrien Price Performance

Shares of TSE:NTR opened at C$94.27 on Tuesday. The company’s fifty day moving average is C$83.74 and its two-hundred day moving average is C$81.53. The company has a market cap of C$45.56 billion, a P/E ratio of 25.41, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33. Nutrien has a 12-month low of C$65.35 and a 12-month high of C$94.37. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10.

Nutrien (TSE:NTR) last issued its quarterly earnings results on Wednesday, November 5th. The company reported C$0.97 earnings per share for the quarter. The business had revenue of C$6.01 billion for the quarter. Nutrien had a return on equity of 2.93% and a net margin of 2.76%. Equities analysts expect that Nutrien will post 5.3416399 earnings per share for the current fiscal year.

About Nutrien

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.