Nutrien Ltd

NTR: XTSE (CAN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CAD 51.00	Flfmby	Mmbyhvyt

Raising Our Nutrien FVE to $85/CAD 108 After Investor Day, but We're Skeptical of Long-Term Guidance

Seth Goldstein

Jun 9, 2022

After updating our model for Nutrien's investor day on June 9, we have raised our fair value estimate to $85/CAD 108 per share from $80/CAD 103. Our narrow moat rating is unchanged. We view Nutrien shares as fairly valued currently, trading slightly above our fair value estimate and in 3-star territory.

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