K+S (ETR:SDF) Rating Reaffirmed
Independent Research GmbH now has a EUR 26.00 target on the 4.68B EUR market cap company or 6.04% upside potential. In an analyst research report disseminated on Friday, 4 December, K+S (ETR:SDF) shares have had their Hold Rating reiterated by investment analysts at Independent Research GmbH.
From a total of 19 analysts covering K+S (ETR:SDF) stock, 10 rate it a ”Buy”, 4 a “Sell”, and 5 a ”Hold”. This means that 53% 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 €31.22 with a 27.79% above today’s (€24.43) stock price. K+S was the topic of 58 analyst reports since June 26, 2015 according to the firm StockzIntelligence Inc. JP Morgan downgraded shares on December 1 to “Underweight” rating. Equinet upgraded shares to “Accumulate” rating and €26 target share price in a report from a November 25. UBS downgraded SDF stock in a recent report from November 26 to “Sell” rating. BNP Paribas maintained the rating on November 21. BNP Paribas has a “Neutral” rating and a €25 price target on shares. Finally, Kepler Cheuvreux upgraded the stock to “Buy” rating in a report issued on a November 25.
The stock decreased 0.67% or EUR 0.16 on December 3, striking EUR 24.43. Approximately 2.74 million shares of stock traded hands. K&S AG (ETR:SDF) has risen 6.00% since November 4, 2015 and is uptrending. It has outperformed by 6.29% 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 4.68 billion EUR. The Firm divides its activities into three business divisions. It has 10.93 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.