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Nufarm Faces Credit Rating Downgrade by S&P Global

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Nufarm Faces Credit Rating Downgrade by S&P Global

Elevate Your Investing Strategy:

Nufarm Limited ( (AU:NUF) ) has issued an update.

Nufarm Limited has experienced a downgrade in its credit rating by S&P Global Ratings, with the long-term issuer credit rating moving from BB to BB- and its step-up securities from B to B-. This change in credit rating could impact Nufarm’s financial standing and investor confidence, potentially affecting its operations and market positioning.

The most recent analyst rating on (AU:NUF) stock is a Hold with a A$2.80 price target. To see the full list of analyst forecasts on Nufarm Limited stock, see the AU:NUF Stock Forecast page.

More about Nufarm Limited

Nufarm is a global agricultural innovator providing crop protection and seed technology solutions. Established over 100 years ago, it is listed on the Australian Securities Exchange and is headquartered in Melbourne, Australia. The company is known for developing and commercializing plant-based omega-3 and advanced bioenergy feedstock technology.

Average Trading Volume: 2,382,787

Technical Sentiment Signal: Sell

Current Market Cap: A$907.7M

See more insights into NUF stock on TipRanks’ Stock Analysis page.

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