Nufarm Limited Stock Rating Reaffirmed by Macquarie (NUF)
Nufarm Limited (ASX: NUF)‘s stock had its “underperform” rating restated by equities researchers at Macquarie in a report issued on Tuesday. They currently have a $5.83 (6 AUD) target price on the stock.
Nufarm Limited remained flat at A$5.820 during trading on Tuesday. Nufarm Limited has a 52-week low of A$3.990 and a 52-week high of A$6.300. The company has a market cap of A$1.526 billion and a price-to-earnings ratio of 26.10.
Separately, analysts at Nomura reiterated a “neutral” rating on shares of Nufarm Limited in a research note to investors on Friday, November 2nd. They now have a $5.83 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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