TD Securities Lifts Nutrien (NTR) PT to C$70, Raises Potash Sales Forecast

Nutrien Ltd. (NYSE:NTR) is one of the most undervalued Canadian stocks to buy now. On August 1, TD Securities raised the firm’s price target on Nutrien to C$70 from C$67, while keeping a Buy rating on the shares. Following this announcement, the company reported its Q2 2025 financial results with net earnings of $1.2 billion and $2.65 diluted net EPS for the overall first half of the year.

The company saw record Potash sales volumes, increased Nitrogen operating rates, and a reduction in expenses in H1. The company’s performance by segment showed an increase in adjusted EBITDA for both Potash and Nitrogen, which reached $1.1 billion each in H1. Potash benefited from higher net selling prices and record sales volumes, while Nitrogen’s performance was supported by higher prices and sales volumes, achieving a record ammonia operating rate of 98%.

Nutrien raised its 2025 full-year Potash sales volume guidance to a range of 13.9 to 14.5 million tonnes and increased its global potash shipment forecast to 73 to 75 million tonnes. All other operational guidance ranges remain unchanged.

Nutrien Ltd. (NYSE:NTR) provides crop inputs and services. The company operates through 4 segments: Nutrien Ag Solutions, Potash, Nitrogen, and Phosphate.

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Disclosure: None. This article is originally published at Insider Monkey.