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Nutrien ( (TSE:NTR) ) has issued an update.
Nutrien Ltd. has completed the sale of its 50% equity stake in the Argentine nitrogen producer Profertil S.A. to Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda for approximately US$600 million pre-tax. This move is part of Nutrien’s strategy to simplify its portfolio, enhance earnings quality, and improve cash conversion, with the proceeds being allocated towards growth investments, share repurchases, and debt reduction. The sale contributes to a total of US$900 million in gross proceeds from asset divestitures since late 2024, reflecting Nutrien’s ongoing efforts to optimize its asset base and strengthen its financial positioning.
The most recent analyst rating on (TSE:NTR) stock is a Hold with a C$64.00 price target. To see the full list of analyst forecasts on Nutrien stock, see the TSE:NTR Stock Forecast page.
Spark’s Take on TSE:NTR Stock
According to Spark, TipRanks’ AI Analyst, TSE:NTR is a Outperform.
Nutrien’s overall stock score reflects strong financial performance and positive technical indicators. The company’s strategic initiatives and market outlook are promising, though operational challenges in specific segments pose some risks. The valuation is attractive, supported by a reasonable P/E ratio and a solid dividend yield.
To see Spark’s full report on TSE:NTR stock, click here.
More about Nutrien
Nutrien is a leading global provider of crop inputs and services, operating a world-class network of production, distribution, and agricultural retail facilities. The company focuses on creating long-term value by prioritizing investments that strengthen its business advantages across the agricultural value chain, maintaining access to essential resources, and fostering relationships with stakeholders.
Average Trading Volume: 1,756,696
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$39.6B
For detailed information about NTR stock, go to TipRanks’ Stock Analysis page.