Verity Asset Management Inc. purchased a new position in Nutrien Ltd. (NYSE:NTR) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 11,354 shares of the company’s stock, valued at approximately $594,000.
NTR has been the topic of several analyst reports. UBS Group reissued a “buy” rating on shares of Nutrien in a research report on Wednesday, January 3rd. Sanford C. Bernstein initiated coverage on Nutrien in a research note on Wednesday, January 3rd. They issued an “outperform” rating for the company. BMO Capital Markets began coverage on Nutrien in a research note on Wednesday, January 3rd. They issued a “market perform” rating and a $54.00 price objective for the company. Cowen restated an “outperform” rating and set a $60.00 target price on shares of Nutrien in a research note on Thursday, January 4th. Finally, Macquarie initiated coverage on Nutrien in a research note on Friday, January 5th. They set an “outperform” rating and a $59.00 target price for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating, ten have assigned a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $58.50.
Nutrien Ltd. (NTR) opened at $44.42 on Monday. The stock has a market capitalization of $14,928.03, a P/E ratio of 35.54, a PEG ratio of 1.79 and a beta of 0.43. The company has a quick ratio of 1.58, a current ratio of 2.07 and a debt-to-equity ratio of 0.45. Nutrien Ltd. has a twelve month low of $40.41 and a twelve month high of $56.18.
Nutrien Ltd. produces and distributes potash, nitrogen, and phosphate products for agricultural, industrial, and feed customers worldwide. It offers potash crop feed, fertilizer, industrial, metal finishing, and purified acid products, as well as blends. The company is also involved in the retail operations that serve growers in seven countries across three continents.
Receive News & Ratings for Nutrien Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nutrien and related companies with MarketBeat.com's FREE daily email newsletter.