Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Nutrien ( (TSE:NTR) ) is now available.
Nutrien Ltd. announced an agreement to sell its 50 percent equity position in the Argentine nitrogen producer Profertil S.A. to Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda for approximately $600 million. This strategic move aligns with Nutrien’s focus on core assets and geographies, with plans to allocate proceeds towards growth investments, share repurchases, and debt reduction, enhancing earnings quality and supporting long-term growth.
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 is driven by strong earnings call performance and improving cash flow, offset by pressured profitability margins and neutral technical indicators. The company’s strategic focus on cost savings and shareholder returns supports a positive outlook despite some operational challenges.
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.
YTD Price Performance: 24.02%
Average Trading Volume: 1,329,139
Technical Sentiment Signal: Buy
Current Market Cap: C$38.1B
For an in-depth examination of NTR stock, go to TipRanks’ Overview page.