Nutrien (TSE:NTR) Upgraded at Wells Fargo & Company

Nutrien (TSE:NTR) was upgraded by equities researchers at Wells Fargo & Company to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Separately, National Bank Financial raised shares of Nutrien to a “hold” rating in a report on Thursday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Nutrien Stock Up 0.6%

NTR stock opened at C$83.16 on Tuesday. Nutrien has a 52 week low of C$62.89 and a 52 week high of C$88.03. The business has a 50-day simple moving average of C$80.08 and a 200 day simple moving average of C$80.62. The company has a quick ratio of 0.65, a current ratio of 1.27 and a debt-to-equity ratio of 59.10. The company has a market cap of C$40.19 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 1.15 and a beta of 1.19.

Nutrien Company Profile

Nutrien is the world’s largest fertilizer producer by capacity. Nutrien produces the three main crop nutrientsnitrogen, potash, and phosphatealthough its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.