Nutrien: Analysts’ Ratings and Target Price in March




Nutrien (NTR) (POT) (AGU) reported its earnings on February 5, 2018. After the earnings were released, the stock price took a significant beating. The stock closed at $50 on February 2. The earnings and selling pressure (XLB) after the release took the stock down to a low of $44.4 on February 16. Since then, Nutrien has recovered and is trading ~4% higher at 50.5 as of March 14, 2018. Let’s look at analysts’ ratings and target price.

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Analysts’ ratings

The current consensus mean rating on Nutrien stands at 2.17 with an overall “buy” recommendation on the stock. Out of the 18 analysts in the above chart, ~22% or four analysts have a “strong buy” recommendation on the stock for the next 12-month period. About 39% or seven analysts have a “buy” recommendation on the stock, while 39% or seven analysts have a “hold” recommendation for Nutrien.

Compared to last month, one more analyst initiated coverage on Nutrien in March.

Target price

The consensus mean target price on Nutrien for the next 12-month period was $58.5—slightly higher than $58.3 in February. The median target price was slightly higher than the mean target price at $59.5. The current mean and median target prices would give about 16% and 18% upside over the market closing price of $50.5 on March 14.

Next, we’ll discuss analysts’ ratings and target price for CF Industries (CF).


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