Goldman Sachs Gives Neutral Rating to Nufarm Limited (NUF)
Nufarm Limited (ASX: NUF)‘s stock had its “neutral” rating reaffirmed by research analysts at Goldman Sachs in a report released on Friday. They currently have a $6.63 (6 AUD) target price on the stock.
Shares of Nufarm Limited traded down 2.00% during mid-day trading on Friday, hitting A$5.890. Nufarm Limited has a one year low of A$3.990 and a one year high of A$6.300. The company has a market cap of A$1.544 billion and a P/E ratio of 26.95.
Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie reiterated an “underperform” rating on shares of Nufarm Limited in a research note to investors on Wednesday, December 12th. They now have a $5.89 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 Thursday, December 6th. They now have a $5.96 price target on the stock.
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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