K&S (ETR:SDF) has been given a €19.00 ($22.09) price target by analysts at Deutsche Bank in a note issued to investors on Wednesday, Borsen Zeitung reports. The brokerage currently has a “neutral” rating on the stock. Deutsche Bank’s target price indicates a potential upside of 10.63% from the company’s previous close.
Several other research firms also recently commented on SDF. Berenberg Bank set a €17.00 ($19.77) target price on K&S and gave the company a “neutral” rating in a research report on Tuesday, March 26th. UBS Group set a €22.00 ($25.58) target price on K&S and gave the company a “buy” rating in a research report on Monday, February 4th. Independent Research set a €18.70 ($21.74) target price on K&S and gave the company a “neutral” rating in a research report on Wednesday. Baader Bank set a €19.00 ($22.09) target price on K&S and gave the company a “buy” rating in a research report on Friday, January 18th. Finally, Nord/LB set a €18.00 ($20.93) target price on K&S and gave the company a “neutral” rating in a research report on Thursday, January 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and nine have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of €20.61 ($23.97).
K&S stock opened at €17.18 ($19.97) on Wednesday. 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 quick ratio of 0.89 and a current ratio of 1.56. The company has a market capitalization of $3.29 billion and a PE ratio of 78.07.
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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