Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Nutrien (NTR): New Buy Recommendation for This Basic Materials Giant

Tipranks - Sat Mar 14, 6:42AM CDT

Nutrien received a Buy rating and a $100.00 price target from Wells Fargo analyst Michael Sison today.

Claim 70% Off TipRanks Premium

Sison covers the Basic Materials sector, focusing on stocks such as Albemarle, Air Products and Chemicals, and Celanese. According to TipRanks, Sison has an average return of -1.3% and a 41.80% success rate on recommended stocks.

In addition to Wells Fargo, Nutrien also received a Buy from TipRanks – OpenAI’s OpenAI Agricultural Inputs in a report issued yesterday. However, today, TipRanks – Anthropic downgraded Nutrien (NYSE: NTR) to a Hold.

Based on Nutrien’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$5.42 billion and a net profit of C$579.78 million. In comparison, last year the company earned a revenue of C$5.08 billion and had a net profit of C$113 million

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is neutral on the stock.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.