Bank of America initiated coverage on shares of Nutrien (NYSE:NTR) in a research note issued to investors on Friday morning, MarketBeat.com reports. The firm issued an underperform rating and a $50.00 price objective on the stock.
Other equities research analysts have also issued reports about the stock. Cowen restated an outperform rating and issued a $60.00 price objective on shares of Nutrien in a research note on Thursday. BMO Capital Markets started 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. Raymond James Financial started coverage on Nutrien in a research note on Friday. They issued a market perform rating and a $60.00 price objective for the company. Credit Suisse Group started coverage on Nutrien in a research note on Friday. They issued a neutral rating and a $53.00 price objective for the company. Finally, UBS Group restated a buy rating on shares of Nutrien in a research note on Wednesday, January 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. Nutrien currently has a consensus rating of Hold and a consensus price target of $56.57.
Shares of Nutrien (NYSE:NTR) traded up $0.18 on Friday, reaching $55.73. 1,618,500 shares of the company’s stock were exchanged, compared to its average volume of 1,768,075. The stock has a market cap of $35,900.00 and a price-to-earnings ratio of 40.53. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.50 and a current ratio of 0.99. Nutrien has a 1-year low of $51.81 and a 1-year high of $56.18.
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