K+S (ETR:SDF) Rating Reaffirmed
K+S (ETR:SDF) just had their share rating of a ‘Hold’ issued by research analysts at HSBC, who now has a EUR 25.00 target PPS on the 4.54B EUR market cap company or a 5.31% upside potential. This key information was announced to investors in analysts note on Wednesday, 16 December.
From a total of 20 analysts covering K+S (ETR:SDF) stock, 10 rate it a ”Buy”, 5 a “Sell”, and 5 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is €55 while the lowest target price is €20. The mean of all analyst targets is €29.95 with a 26.37% above today’s (€23.7) stock price. K+S was the topic of 61 analyst reports since June 26, 2015 according to the firm StockzIntelligence Inc. Bankhaus Lampe upgraded shares on December 5 to “Buy” rating. UBS downgraded shares to “Sell” rating and €21 target share price in a report from a November 26. Independent Research maintained SDF stock in a recent report from December 4 with “Hold” rating. Equinet upgraded the rating on November 25. Equinet has a “Accumulate” rating and a €26 price target on shares. Finally, Credit Suisse downgraded the stock to “Underperform” rating in a report issued on a November 27.
The stock increased 1.94% or EUR 0.45 on December 15, striking EUR 23.7. Approximately 1.53 million shares of stock traded hands. K&S AG (ETR:SDF) has risen 6.00% since November 16, 2015 and is uptrending. It has outperformed by 9.68% the S&P500.
K&S AG is a Germany-based holding company which is active in the chemical sector. The company has a market cap of 4.54 billion EUR. The Firm divides its activities into three business divisions. It has 10.6 P/E ratio. The Potash and Magnesium Products segment combines the production and marketing of potash fertilizers and fertilizer specialties as well as potash and magnesium compounds for technical, industrial and pharmaceutical applications.