Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News   Featured News   Shares of fertilizer giant Nutrien lifted by...

Shares of fertilizer giant Nutrien lifted by positive investment reports

Stockhouse Editorial
0 Comments| January 3, 2018
{{labelSign}}  Favorites
{{errorMessage}}
Shares of Canadian fertilizer giant Nutrien Ltd. (TSX: T.NTR, Forum) advanced on the second day of trading Wednesday following news of a positive investment report.

The shares rose 0.10% to $69.08 in afternoon trading, Wednesday.

CIBC has assigned an “outperformer” trading for the shares, and set a 12-month target price of US$62 a share.

CIBC has been restricted from commenting on the shares because it had acted as an adviser to Agrium Inc., leading up to its merger with Potash Corp. of Saskatchewan.

More information can be found here.

Analyst Jacob Bout said in a report that Nutrien has likely been “sandbagging” its estimate of US$500 million in cost-saving synergies, arising from the deal.

A report by Thomson Reuters says Laurentian Bank Securities and Bernstein rate Nutrien a “buy” and “outperform” respectively, while BMO has assigned a “market perform” rating to the shares.

Tags:
ENVIRONMENT
{{labelSign}}  Favorites
{{errorMessage}}

Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today

Featured Company

Tidal Care Inc.

Tidal Care Inc. P.TDL

Tidal Care aims to be a high-compliance supplier of finished, formulated Psilocybin- and MDMA-based drug products to the ... view more »