Berenberg Downgrades Nutrien (NTR) to Hold – Here’s Why
Key takeaways
- Berenberg Downgrades Nutrien (NTR) to Hold – Here’s Why Noor Ul Ain Rehman Wed, June 24, 2026 at 7:17 PM GMT+7 2 min read NTR Nutrien Ltd.
- Berenberg contended that the debate is no longer whether fertilizer earnings will normalize, but rather where normalized earnings will ultimately settle.
- (NYSE:NTR) also received a rating update from Scotiabank on May 11.
Berenberg Downgrades Nutrien (NTR) to Hold – Here’s Why Noor Ul Ain Rehman Wed, June 24, 2026 at 7:17 PM GMT+7 2 min read NTR Nutrien Ltd. (NYSE:NTR) is one of the top cheap growth stocks to get rich. Berenberg downgraded Nutrien Ltd. (NYSE:NTR) to Hold from Buy on June 10 and adjusted the price target on the stock to $65, up from $61. It told investors in a research note that the company is likely to deliver another year of solid earnings, supported by elevated fertilizer prices and a recovered retail business. However, it also added that the firm is concerned the consensus estimates “will continue to anchor on earnings levels that remain above mid-cycle.”
Berenberg contended that the debate is no longer whether fertilizer earnings will normalize, but rather where normalized earnings will ultimately settle. The firm stated that it sees an 8% downside to 2028 consensus EBITDA estimates on lower nitrogen and potash price assumptions.
Nutrien Ltd. (NYSE:NTR) also received a rating update from Scotiabank on May 11. The firm raised the price target on the stock to $80 from $75 and reiterated a Sector Perform rating on the shares, stating that it is warming up to the company despite the downside risk to N prices near-term, as well as regional challenges to grower economics.