In recent developments, analyst Laurence Alexander from Jefferies has adjusted his outlook on Nutrien (NTR, Financial), a leading entity in the agricultural industry. The analyst has downgraded the company's rating from a previous 'Buy' to 'Hold'.
Despite the downgrade in rating, Jefferies has raised Nutrien's (NTR, Financial) price target from USD 63.00 to USD 66.00, indicating a 4.76% increase. This adjustment highlights a positive future price expectation even as the recommendation shifts to a more neutral stance.
The recent changes in Nutrien's (NTR, Financial) rating and price target by Jefferies come into effect as of July 11, 2025. Investors are encouraged to monitor further communications from analysts as the market assimilates these updates.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Nutrien Ltd (NTR, Financial) is $64.05 with a high estimate of $75.00 and a low estimate of $56.00. The average target implies an upside of 5.35% from the current price of $60.80. More detailed estimate data can be found on the Nutrien Ltd (NTR) Forecast page.
Based on the consensus recommendation from 23 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 $50.65, suggesting a downside of 16.69% from the current price of $60.8. 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.
