Barclays Keeps a Buy Rating on Nutrien Ltd (NTR)


In a report released yesterday, Duffy Fischer from Barclays maintained a Buy rating on Nutrien Ltd (NTR), with a price target of $65. The company’s shares closed yesterday at $49.68.

According to TipRanks.com, Fischer is a 4-star analyst with an average return of 13.1% and a 51.3% success rate. Fischer covers the Consumer Goods sector, focusing on stocks such as Air Products and Chemicals, Sherwin-Williams Company, and Axalta Coating Systems.

Currently, the analyst consensus on Nutrien Ltd is a Moderate Buy with an average price target of $62.44, which is a 25.7% upside from current levels. In a report issued on January 8, BMO Capital also upgraded the stock to Buy with a $55 price target.

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The company has a one-year high of $58.99 and a one-year low of $40.41. Currently, Nutrien Ltd has an average volume of 1.73M.

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Nutrien Ltd. produces and distributes potash, nitrogen, and phosphate products for agricultural, industrial, and feed manufacturers worldwide. The company was founded on June 2, 2017 and is headquartered in Saskatoon, Canada.

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