Nutrien Ltd. (TSE:NTR) Given Consensus Recommendation of “Hold” by Analysts

Nutrien Ltd. (TSE:NTR) has earned an average rating of “Hold” from the five analysts that are currently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$64.50.

A number of equities analysts recently issued reports on NTR shares. Wells Fargo & Company lowered Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 24th. Hsbc Global Res raised Nutrien to a “moderate sell” rating in a research note on Friday, August 2nd. UBS Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 10th. Finally, The Goldman Sachs Group lowered Nutrien from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 10th.

Nutrien Stock Performance

Shares of NTR stock opened at C$65.56 on Thursday. Nutrien has a 12-month low of C$60.74 and a 12-month high of C$83.14. The firm has a market capitalization of C$32.44 billion, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 1.15 and a beta of 0.95. The business has a 50 day simple moving average of C$65.53 and a 200 day simple moving average of C$69.30. The company has a debt-to-equity ratio of 53.14, a current ratio of 1.26 and a quick ratio of 0.65.

Nutrien Dividend Announcement

The business also recently disclosed 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 annualized dividend and a dividend yield of 3.29%. The ex-dividend date is Tuesday, December 31st. Nutrien’s dividend payout ratio is presently 132.13%.

Insider Transactions at Nutrien

In related news, Senior Officer Mark Thompson acquired 3,500 shares of Nutrien stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average cost of C$64.00 per share, with a total value of C$224,000.00. In related news, Senior Officer Mark Thompson acquired 3,500 shares of Nutrien stock in a transaction dated Tuesday, August 20th. The stock was acquired at an average cost of C$64.00 per share, with a total value of C$224,000.00. Also, Director Keith Martell bought 1,250 shares of Nutrien stock in a transaction dated Thursday, September 19th. The stock was acquired at an average price of C$65.23 per share, with a total value of C$81,537.50. Insiders purchased a total of 11,975 shares of company stock valued at $768,820 in the last three months. 0.03% of the stock is currently owned by corporate 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.