Stifel Nicolaus analyst Vincent Anderson maintained a Buy rating on Nutrien (NTR – Research Report) on May 14 and set a price target of $69.00. The company’s shares opened today at $57.21.
According to TipRanks, Anderson is a 4-star analyst with an average return of 8.4% and a 52.67% success rate. Anderson covers the Basic Materials sector, focusing on stocks such as Mosaic Co, Cf Industries Holdings, and Nutrien.
Currently, the analyst consensus on Nutrien is a Moderate Buy with an average price target of $65.87, implying a 15.14% upside from current levels. In a report released on May 13, Barclays also maintained a Buy rating on the stock with a $68.00 price target.
The company has a one-year high of $67.21 and a one-year low of $47.41. Currently, Nutrien has an average volume of 1.95M.
Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NTR in relation to earlier this year.
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Nutrien (NTR) Company Description:
Canada-based Nutrien Ltd. is a crop nutrient company, which produces and distributes potash, nitrogen and phosphate products for agricultural, industrial and feed manufacturers.
