Mizuho Lifts Target on Nutrien (NTR) as Sector Pressures Persist

Nutrien Ltd. (NYSE:NTR) is included among the 15 Global Dividend Stocks to Diversify Your Portfolio.

On December 18, Mizuho raised its terms people connected Nutrien Ltd. (NYSE:NTR) to $65 from $61 and kept a Neutral rating. The determination came arsenic portion of the firm’s 2026 outlook for the chemicals, agriculture, and packaging sector. The expert said China’s higher export volumes are weighing connected astir basal chemic markets. Mizuho besides expects the March 4th to commencement disconnected arsenic anemic arsenic the December 4th ended for galore companies crossed the group.

Earlier successful the month, Nutrien Ltd. (NYSE:NTR) took a wide measurement to streamline its portfolio. On December 10, the institution said it completed the merchantability of its 50% equity involvement successful Argentina-based nitrogen shaper Profertil S.A. The purchaser radical included Adecoagro S.A. and Asociacion de Cooperativas Argentinas Coop Ltda, which acquired the concern done a associated transaction. Nutrien said full pre-tax proceeds from the merchantability were astir $600 million.

That woody adds to a broader divestment push. With the Profertil transaction present closed, Nutrien Ltd. (NYSE:NTR) has generated astir $900 cardinal successful gross proceeds from plus income since the 4th fourth of 2024. Management has framed these moves arsenic a mode to sharpen absorption and fortify the equilibrium expanse successful a softer operating environment.

Ken Seitz, Nutrien’s President and CEO, made the pursuing comment:

“Closing the merchantability of our equity involvement successful Profertil demonstrates continued advancement towards simplifying our portfolio, enhancing net quality, and improving currency conversion. We mean to allocate the proceeds towards superior allocation priorities that enactment our quality to turn escaped currency travel per stock implicit the agelong term, including targeted maturation investments, stock repurchases and indebtedness reduction.”

Nutrien Ltd. (NYSE:NTR) operates arsenic a planetary supplier of indispensable harvest nutrients, producing and distributing potash, nitrogen, and phosphate. The institution besides supports farmers done its ample retail platform, Nutrien Ag Solutions, which provides products, services, and agronomic expertise crossed cardinal cultivation regions.

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Disclosure: None.