On May 12, 2025, Wells Fargo analyst Richard Garchitorena announced an updated price target for Nutrien (NTR, Financial), increasing it from USD 56.00 to USD 59.00. This adjustment marks a 5.36% increase in the price target for the company.
Despite the revised price target, Wells Fargo has maintained its "Equal-Weight" rating on Nutrien (NTR, Financial). This reflects the analyst's ongoing assessment of Nutrien's market position and potential growth, given current market conditions.
The decision to maintain the "Equal-Weight" rating while raising the price target suggests that Nutrien (NTR, Financial) is expected to perform in line with the overall market. Investors and market watchers will be keeping an eye on how Nutrien (NTR) navigates the evolving landscape in the agricultural sector.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 20 analysts, the average target price for Nutrien Ltd (NTR, Financial) is $62.02 with a high estimate of $70.00 and a low estimate of $56.00. The average target implies an upside of 11.30% from the current price of $55.73. More detailed estimate data can be found on the Nutrien Ltd (NTR) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, Nutrien Ltd's (NTR, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Nutrien Ltd (NTR, Financial) in one year is $50.73, suggesting a downside of 8.96% from the current price of $55.725. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Nutrien Ltd (NTR) Summary page.
