K&S (ETR:SDF) has been given a €14.50 ($16.86) target price by equities research analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 9.40% from the company’s previous close.
Several other equities research analysts also recently weighed in on the company. Berenberg Bank set a $43.00 target price on CF Industries and gave the stock a “hold” rating in a research report on Tuesday, March 26th. UBS Group set a $170.00 price target on United Rentals and gave the stock a “buy” rating in a research note on Friday, June 28th. Credit Suisse Group set a €19.00 ($22.09) price target on K&S and gave the stock a “neutral” rating in a research note on Tuesday, May 14th. Independent Research set a €52.00 ($60.47) price target on Lanxess and gave the stock a “neutral” rating in a research note on Wednesday, May 15th. Finally, Baader Bank set a €19.00 ($22.09) price target on K&S and gave the stock a “buy” rating in a research note on Monday, May 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of €20.19 ($23.48).
Shares of ETR SDF opened at €16.01 ($18.61) on Friday. K&S has a 1-year low of €14.61 ($16.98) and a 1-year high of €22.99 ($26.73). The stock has a 50-day moving average of €15.94. The company has a debt-to-equity ratio of 81.48, a current ratio of 1.65 and a quick ratio of 1.07. The stock has a market capitalization of $3.06 billion and a P/E ratio of 41.04.
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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