Is Nufarm (NUF) a buy?

Is NUF a buy?

A: Nufarm (NUF) has been a pretty disappointing company over the last few years.

It doesn’t have many friends.

I guess that’s goes to explain why it is trading near a 10 year low.

If you listen to the brokers, they see value in it. According to FN Arena, the consensus target price is $4.96, about 24.9% higher than the current price of $3.97. The range in forecasts is a low of $4.50 from Macquarie through to a high of $5.30 from Citi. 5 buy recommendations, 2 neutral recommendations.

 

Not a stock on my radar, however.


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