K&S (ETR:SDF) has been given a €19.00 ($22.09) price objective by investment analysts at Baader Bank in a research report issued to clients and investors on Monday. The firm presently has a “buy” rating on the stock. Baader Bank’s target price suggests a potential upside of 16.64% from the company’s current price.
Several other brokerages have also recently commented on SDF. equinet set a €24.40 ($28.37) price target on shares of K&S and gave the stock a “neutral” rating in a research note on Wednesday, August 8th. Commerzbank set a €22.00 ($25.58) price target on shares of K&S and gave the company a “neutral” rating in a report on Friday, August 10th. JPMorgan Chase & Co. set a €18.50 ($21.51) target price on shares of K&S and gave the stock a “sell” rating in a research note on Friday, August 10th. Kepler Capital Markets set a €26.00 ($30.23) target price on shares of K&S and gave the stock a “buy” rating in a research note on Friday, August 10th. Finally, DZ Bank restated a “neutral” rating on shares of K&S in a research note on Friday, August 10th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of €20.81 ($24.19).
Shares of SDF stock traded up €0.78 ($0.91) during mid-day trading on Monday, reaching €16.29 ($18.94). 2,846,247 shares of the company’s stock traded hands, compared to its average volume of 1,080,000. K&S has a 12 month low of €18.92 ($22.00) and a 12 month high of €24.74 ($28.77).
K+S Aktiengesellschaft, together with its subsidiaries, produces and sells potash, magnesium, and salt products worldwide. Its Potash and Magnesium Products segment produces and markets mineral fertilizers, such as potassium chloride for various crops, including cereals, corn, rice, and soy beans; fertilizer specialties for rapeseeds, potatoes, citrus fruits, vines, and vegetables; potassium and magnesium products for industrial applications; and a range of products for use in pharmaceutical, cosmetics, food processing, and animal feed industries.
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