Deutsche Bank set a €19.00 ($22.09) price target on K&S (ETR:SDF) in a research note released on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other research analysts have also commented on SDF. Credit Suisse Group set a €18.50 ($21.51) price objective on K&S and gave the company a neutral rating in a report on Friday, March 15th. Baader Bank set a €19.00 ($22.09) target price on K&S and gave the stock a buy rating in a research report on Thursday, April 11th. Warburg Research set a €22.80 ($26.51) target price on K&S and gave the stock a buy rating in a research report on Wednesday, March 20th. Nord/LB set a €18.00 ($20.93) target price on K&S and gave the stock a neutral rating in a research report on Thursday, January 24th. Finally, UBS Group set a €22.00 ($25.58) target price on K&S and gave the stock a buy rating in a research report on Monday, February 18th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of €20.61 ($23.97).
Shares of SDF traded up €0.57 ($0.66) during midday trading on Wednesday, reaching €17.56 ($20.41). 760,761 shares of the stock were exchanged, compared to its average volume of 1,080,000. K&S has a 12-month low of €14.61 ($16.98) and a 12-month high of €25.86 ($30.07). The company has a debt-to-equity ratio of 83.19, a current ratio of 1.56 and a quick ratio of 0.89. The company has a market capitalization of $3.36 billion and a PE ratio of 79.80.
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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