Nutrien Ltd
NTR: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 35.00 | Pzdmkd | Wdgbhsdyns |
Nutrien: Investor Day Highlights Disciplined Capital Allocation
We're maintaining our $70 (CAD 96) fair value estimates following Nutrien's investor day. Our narrow-moat rating is also unchanged. At current prices, we view Nutrien shares as undervalued with the stock trading in 4-star territory and roughly 25% below our fair value estimate.