Nufarm Limited Receives “Outperform” Rating from Credit Suisse (NUF)

Nufarm Limited (ASX: NUF)‘s stock had its “outperform” rating restated by analysts at Credit Suisse in a research report issued to clients and investors on Wednesday. They currently have a $5.87 (6 AUD) price target on the stock.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Nufarm Limited in a research note to investors on Tuesday. They now have a $4.08 price target on the stock. Separately, analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Nufarm Limited in a research note to investors on Wednesday, January 23rd. They now have a $5.89 price target on the stock. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of Nufarm Limited in a research note to investors on Monday, December 31st. They now have a $6.56 price target on the stock.

Shares of Nufarm Limited opened at 5.160 on Wednesday. Nufarm Limited has a 52 week low of A$4.500 and a 52 week high of A$6.470. The stock’s 50-day moving average is currently A$5.74. The company has a market cap of A$1.353 billion and a P/E ratio of 21.75.

Nufarm Limited manufactures and supplies a range of agricultural chemicals used by farmers to protect crops from damage caused by weeds, pests and disease.

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