Scotiabank analyst Ben Isaacson maintained a Buy rating on Nutrien (NTR – Research Report) today and set a price target of $66.00. The company’s shares opened today at $58.23.
According to TipRanks, Isaacson is a 4-star analyst with an average return of 8.6% and a 49.21% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Methanex, Sociedad Quimica Y Minera SA, and Albemarle.
Nutrien has an analyst consensus of Moderate Buy, with a price target consensus of $66.13, which is a 13.57% upside from current levels. In a report released today, 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 1.97M.
Based on the recent corporate insider activity of 22 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.
