K&S (ETR:SDF) has been given a €19.00 ($22.09) price target by investment analysts at Baader Bank in a report released on Thursday, Borsen Zeitung reports. The brokerage currently has a “buy” rating on the stock. Baader Bank’s price objective would indicate a potential upside of 52.37% from the company’s previous close.
A number of other equities analysts have also recently weighed in on the stock. Deutsche Bank set a €15.00 ($17.44) price objective on shares of K&S and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. Credit Suisse Group set a €15.00 ($17.44) price objective on shares of K&S and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Warburg Research set a €18.40 ($21.40) price objective on shares of K&S and gave the stock a “neutral” rating in a research report on Monday, September 23rd. JPMorgan Chase & Co. set a €11.00 ($12.79) price objective on shares of K&S and gave the stock a “sell” rating in a research report on Tuesday, September 24th. Finally, Nord/LB set a €18.00 ($20.93) price objective on shares of K&S and gave the stock a “buy” rating in a research report on Friday, October 4th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. K&S currently has an average rating of “Hold” and a consensus target price of €16.45 ($19.13).
ETR:SDF opened at €12.47 ($14.50) on Thursday. The company has a debt-to-equity ratio of 82.68, a quick ratio of 1.09 and a current ratio of 1.82. The company has a fifty day moving average of €12.72 and a two-hundred day moving average of €14.84. The stock has a market capitalization of $2.39 billion and a PE ratio of 19.76. K&S has a fifty-two week low of €11.89 ($13.82) and a fifty-two week high of €18.61 ($21.64).
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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