K&S (ETR:SDF) received a €24.00 ($27.91) target price from stock analysts at UBS Group in a report released on Thursday, www.boersen-zeitung.de reports. The firm presently has a “buy” rating on the stock. UBS Group’s target price points to a potential upside of 44.71% from the company’s previous close.
A number of other research analysts have also commented on the stock. Baader Bank set a €20.00 ($23.26) price objective on shares of K&S and gave the company a “neutral” rating in a research note on Wednesday, August 22nd. Warburg Research set a €22.80 ($26.51) price objective on shares of K&S and gave the company a “neutral” rating in a research note on Tuesday, September 11th. Commerzbank set a €22.00 ($25.58) price objective on shares of K&S and gave the company a “neutral” rating in a research note on Tuesday, September 18th. Deutsche Bank set a €21.50 ($25.00) price objective on shares of K&S and gave the company a “neutral” rating in a research note on Thursday, September 27th. Finally, DZ Bank restated a “buy” rating on shares of K&S in a research note on Tuesday, October 2nd. Six analysts have rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. K&S presently has an average rating of “Hold” and a consensus price target of €21.42 ($24.91).
ETR:SDF traded down €0.69 ($0.80) during midday trading on Thursday, hitting €16.59 ($19.28). 1,854,259 shares of the company were exchanged, compared to its average volume of 1,080,000. K&S has a fifty-two week low of €18.92 ($22.00) and a fifty-two week high of €24.74 ($28.77).
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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