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.