Nord/LB set a €21.00 ($24.42) price target on K&S (ETR:SDF) in a report published on Thursday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
A number of other brokerages have also recently weighed in on SDF. Warburg Research set a €23.40 ($27.21) price target on shares of K&S and gave the stock a buy rating in a research report on Monday, May 20th. UBS Group set a €21.00 ($24.42) price target on shares of K&S and gave the stock a buy rating in a research report on Monday, August 5th. Independent Research set a €18.70 ($21.74) price target on shares of K&S and gave the stock a neutral rating in a research report on Wednesday, May 15th. Credit Suisse Group set a €17.20 ($20.00) price target on shares of K&S and gave the stock a neutral rating in a research report on Tuesday, July 16th. Finally, Deutsche Bank set a €19.00 ($22.09) price target on shares of K&S and gave the stock a neutral rating in a research report on Wednesday, May 15th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of €19.96 ($23.20).
Shares of ETR SDF opened at €13.61 ($15.83) on Thursday. The company’s fifty day moving average is €15.18 and its 200-day moving average is €16.34. The stock has a market cap of $2.60 billion and a price-to-earnings ratio of 21.57. K&S has a twelve month low of €13.15 ($15.29) and a twelve month high of €19.77 ($22.98). The company has a quick ratio of 1.09, a current ratio of 1.82 and a debt-to-equity ratio of 82.68.
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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