Brokerages Set K&S AG (ETR:SDF) Price Target at €18.90
Shares of K&S AG (ETR:SDF) have earned an average rating of “Hold” from the sixteen brokerages that are presently covering the firm, MarketBeat reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is €18.90 ($21.98).
Several research analysts have commented on the stock. Independent Research set a €16.20 ($18.84) price target on shares of K&S and gave the stock a “neutral” rating in a report on Tuesday, August 20th. Morgan Stanley set a €13.70 ($15.93) price target on shares of K&S and gave the stock a “sell” rating in a report on Wednesday. Nord/LB set a €21.00 ($24.42) price target on shares of K&S and gave the stock a “buy” rating in a report on Thursday, August 15th. Baader Bank set a €19.00 ($22.09) price target on shares of K&S and gave the stock a “buy” rating in a report on Wednesday, August 21st. Finally, Deutsche Bank set a €17.00 ($19.77) price target on shares of K&S and gave the stock a “neutral” rating in a report on Friday, August 16th.
ETR SDF traded down €0.62 ($0.72) on Thursday, hitting €13.82 ($16.06). 3,745,518 shares of the stock were exchanged, compared to its average volume of 1,080,000. The company has a quick ratio of 1.09, a current ratio of 1.82 and a debt-to-equity ratio of 82.68. K&S has a fifty-two week low of €13.15 ($15.29) and a fifty-two week high of €19.09 ($22.19). The company has a market cap of $2.64 billion and a PE ratio of 21.89. The company has a 50-day moving average price of €14.33 and a 200-day moving average price of €15.97.
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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