Nutrien (TSE:NTR) Upgraded by The Goldman Sachs Group to “Strong Sell” Rating

Nutrien (TSE:NTR) was upgraded by analysts at The Goldman Sachs Group to a “strong sell” rating in a research note issued to investors on Thursday,Zacks.com reports.

NTR has been the topic of several other research reports. Piper Sandler upgraded shares of Nutrien from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, January 13th. Barclays cut Nutrien from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. Finally, Raymond James raised Nutrien from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, Nutrien has an average rating of “Hold” and a consensus target price of C$59.00.

Nutrien Price Performance

Shares of TSE NTR opened at C$72.96 on Thursday. Nutrien has a twelve month low of C$60.74 and a twelve month high of C$83.14. The company has a current ratio of 1.27, a quick ratio of 0.65 and a debt-to-equity ratio of 59.10. The firm has a 50-day moving average of C$73.59 and a two-hundred day moving average of C$68.34. The company has a market capitalization of C$25.12 billion, a price-to-earnings ratio of 34.35, a PEG ratio of 1.15 and a beta of 0.95.

Insider Buying and Selling at Nutrien

In related news, Director Michael Jeremiah Hennigan purchased 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was acquired at an average cost of C$73.98 per share, for a total transaction of C$369,910.00. Also, Director Kenneth Alvin Seitz acquired 10,490 shares of the stock in a transaction that occurred on Tuesday, December 24th. The shares were bought at an average cost of C$64.04 per share, for a total transaction of C$671,779.60. Insiders have bought a total of 18,840 shares of company stock valued at $1,285,304 in the last three months. 0.03% of the stock is currently owned by company insiders.

About Nutrien

Nutrien Ltd. provides crop inputs and services. The company operates through four segments: Retail, Potash, Nitrogen, and Phosphate. The Retail segment distributes crop nutrients, crop protection products, seeds, and merchandise products. The Potash segment provides granular and standard potash products.