TD Securities Keeps a Buy Rating on Nutrien Ltd

By Ryan Adsit

TD Securities analyst Greg Barnes reiterated a Buy rating on Nutrien Ltd (NYSE: NTR) yesterday and set a price target of $65. The company’s shares closed yesterday at $53.84.

According to TipRanks.com, Barnes is a 4-star analyst with an average return of 6.6% and a 60.9% success rate. Barnes covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Teck Resources Limited.

Currently, the analyst consensus on Nutrien Ltd is Moderate Buy and the average price target is $58.14, representing a 8.0% upside.

In a report issued on January 3, Bernstein also initiated coverage with a Buy rating on the stock with a $68 price target.

The company has a one-year high of $56.18 and a one-year low of $51.81. Currently, Nutrien Ltd has an average volume of 1.72M.

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