Baader Bank Reiterates €20.00 Price Target for K&S AG (ETR:SDF)

Baader Bank set a €20.00 ($23.53) price target on K&S AG (ETR:SDF) in a report issued on Friday, July 14th. The brokerage currently has a sell rating on the stock.

Other equities analysts also recently issued reports about the company. Commerzbank Ag set a €30.00 ($35.29) target price on K&S AG and gave the company a buy rating in a research note on Wednesday, June 21st. Societe Generale set a €28.00 ($32.94) target price on K&S AG and gave the stock a buy rating in a report on Thursday, June 29th. Sanford C. Bernstein set a €21.00 ($24.71) price target on K&S AG and gave the company a neutral rating in a report on Monday, May 22nd. DZ Bank AG reaffirmed a neutral rating on shares of K&S AG in a report on Saturday, May 20th. Finally, Independent Research GmbH set a €24.00 ($28.24) price objective on shares of K&S AG and gave the stock a neutral rating in a research report on Saturday, May 20th. Five analysts have rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €23.02 ($27.08).

K&S AG (SDF) opened at 21.464 on Friday. K&S AG has a 12-month low of €15.89 and a 12-month high of €24.93. The stock has a market capitalization of €4.11 billion and a PE ratio of 54.755. The company has a 50-day moving average price of €22.75 and a 200-day moving average price of €22.62.

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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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