RBC Capital Raises Nutrien (NTR) Price Target Ahead of Q1 on Strong Fertilizer Prices

Nutrien Ltd. (NYSE:NTR) is included among the 15 Best Low Volatility Blue Chip Stocks to Buy Now.

RBC Capital Raises Nutrien (NTR) Price Target Ahead of Q1 on Strong Fertilizer Prices

On April 7, RBC Capital raised the firm’s price recommendation on Nutrien Ltd. (NYSE:NTR) to $85 from $80. It reiterated an Outperform rating on the shares. The update came as part of a broader preview of Q1 results in the fertilizer sector. The firm noted that fertilizer prices came in higher than expected during the quarter. The Iran war limited exports from the Middle East, which remains a key supplier of nitrogen and phosphate. Nitrogen, in particular, saw a sharp impact, with prices moving higher due to tighter supply and rising LNG costs increasing global marginal production costs, the analyst told investors in a research note. RBC also said it expects Nutrien to continue delivering strong operational performance. In its view, this positions the company to generate solid free cash flow and benefit during periods when fertilizer prices move higher, including the current environment where nitrogen prices are being supported by Iran-war-related disruptions.

On March 26, UBS downgraded Nutrien (NTR) to Sell from Neutral and raised its price target to $67 from $63. The firm said the stock’s risk/reward has shifted to the downside. Nutrien’s 19% rally so far this year already reflects a more optimistic outlook for potash market fundamentals. UBS believes this outlook overlooks potential supply and pricing pressure that could emerge later in the decade, the analyst told investors in a research note. The firm expects potash prices to decline starting in Q2. It also sees 2026 pricing staying flat, which contrasts with consensus expectations for year-over-year increases.

Nutrien Ltd. (NYSE:NTR) operates as a global provider of crop inputs and services. The company runs a large network of production, distribution, and agricultural retail facilities. Its business is organized across Nutrien Ag Solutions (Retail), Potash, Nitrogen, and Phosphate segments.

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