5 Best Fertilizer Stocks To Buy According To Analysts

4. Nutrien Ltd. (NYSE:NTR)

Number of Q4 2023 Hedge Fund Shareholders: 39

Share Price Target Upside: 24.49%

Latest Average Share Price Target: $66.99

Nutrien Ltd. (NYSE:NTR) is one of the biggest nitrogen and fertilizer companies in the world. The fact that it’s missed analyst EPS estimates in all four latest quarters is unsurprising, as global potash prices have been on a downward trend lately as the market stabilizes after the disruption from the Russian invasion of Ukraine.

During Q4 2023, 39 out of the 933 hedge funds profiled by Insider Monkey had bought Nutrien Ltd. (NYSE:NTR)’s shares. Jean-Marie Eveillard’s First Eagle Investment Management was the firm’s largest shareholder through its $536 million investment.

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