In the latest update from B of A Securities, analyst Steve Byrne has maintained a "Buy" rating for Nutrien (NTR, Financial). The financial services firm has also raised its price target for the stock.
The new price target set by B of A Securities is $63.00, up from the previous target of $60.00. This adjustment reflects a 5% increase and indicates a positive outlook for Nutrien's stock performance.
B of A Securities' consistent "Buy" rating for Nutrien underscores continued confidence in the company's market position and future growth prospects. The price target adjustment came into effect on May 14, 2025, signaling a robust evaluation by the analyst team.
Investors and market watchers will likely view this price target raise as a significant indicator of Nutrien's potential, as reflected by the ongoing support from a leading financial institution like B of A Securities.
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 $62.76 with a high estimate of $70.00 and a low estimate of $56.00. The average target implies an upside of 10.32% from the current price of $56.89. 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 $50.82, suggesting a downside of 10.66% from the current price of $56.885. 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.
