K&S AG (ETR:SDF) Given a €20.00 Price Target at Baader Bank

Baader Bank set a €20.00 ($22.99) price target on K&S AG (ETR:SDF) in a research note issued to investors on Friday. The brokerage currently has a sell rating on the stock.

A number of other brokerages also recently commented on SDF. Goldman Sachs Group, Inc. (The) set a €20.40 ($23.45) target price on K&S AG and gave the stock a sell rating in a research note on Monday, May 29th. UBS AG set a €18.80 ($21.61) target price on K&S AG and gave the stock a sell rating in a research note on Friday. J P Morgan Chase & Co set a €21.00 ($24.14) target price on K&S AG and gave the stock a sell rating in a research note on Wednesday, July 12th. Sanford C. Bernstein set a €24.00 ($27.59) target price on K&S AG and gave the stock a neutral rating in a research note on Friday, July 7th. Finally, DZ Bank AG restated a neutral rating on shares of K&S AG in a research note on Saturday, May 20th. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the stock. K&S AG currently has a consensus rating of Hold and an average price target of €22.93 ($26.35).

K&S AG (ETR SDF) traded down 0.263% on Friday, reaching €23.899. The company’s stock had a trading volume of 8,439 shares. K&S AG has a 1-year low of €15.89 and a 1-year high of €24.93. The firm’s 50 day moving average price is €23.16 and its 200-day moving average price is €22.57. The company has a market capitalization of €4.57 billion and a price-to-earnings ratio of 60.967.

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About K&S AG

K&S AG is a Germany-based salt producer and potash provider. The Company operates through three segments: Salt, Potash and Magnesium, and Complementary Activities. The Salt segment encompasses the production and marketing of food grade salt, industrial salt and salt for chemical use, de-icing salt and sodium chloride brine.

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