RE:RE:RE:RE:RE:RE:ChartGeneral I would also be much more conservative on the forward numbers. Nutrien is only trading at a 5 or 6X forward earnings. Not future cashflow I know but just an indicator that companies in this sector have low valuations relative to the overall market. I also expect great things on the share price but I would bank more on the expansion of production used to supply the local Brazilian market myself as the catalyst for rise in the share price. Thus I am looking for a more modest CAD 15 to 20 dollar share price in 2023 unless there is a shift in the valuation metrics applied to this sector.
In my opinion, the expected margin and FCF improvements would be just be huge buckets of gravy on top of the growth that the company is currently and is expected to deliver in 2023 and beyond.