Nutrien (NTR): New Buy Recommendation for This Basic Materials Giant
TD Cowen analyst Michael Tupholme maintained a Buy rating on Nutrien today and set a price target of $83.00.
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According to TipRanks, Tupholme is a 5-star analyst with an average return of 15.6% and a 61.39% success rate. Tupholme covers the Industrials sector, focusing on stocks such as AtkinsRealis, Stantec, and Ag Growth International.
In addition to TD Cowen, Nutrien also received a Buy from Barclays’s Benjamin Theurer in a report issued today. However, on August 5, Goldman Sachs maintained a Sell rating on Nutrien (NYSE: NTR).
The company has a one-year high of C$116.95 and a one-year low of C$74.77. Currently, Nutrien has an average volume of 1.63M.
Based on the recent corporate insider activity of 40 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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