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The latest update is out from Nufarm Limited ( (AU:NUF) ).
Nufarm Limited has experienced a downgrade in its long-term issuer credit rating by S&P Global Ratings, moving from BB- to B+, and its step-up securities rating from B- to CCC+. This change in credit rating could impact Nufarm’s financial standing and stakeholder confidence, potentially affecting its operations and market positioning.
The most recent analyst rating on (AU:NUF) stock is a Hold with a A$3.10 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 company specializing in crop protection and seed technologies, aiding farmers and businesses in tackling challenges related to food, feed, fiber, and sustainable fuel production. With a history spanning over a century, Nufarm is headquartered in Melbourne, Australia, and is listed on the Australian Securities Exchange. The company is notable for pioneering plant-based omega-3 and advanced bioenergy feedstock technology.
Average Trading Volume: 1,618,535
Technical Sentiment Signal: Sell
Current Market Cap: A$875.4M
See more insights into NUF stock on TipRanks’ Stock Analysis page.