K&S (ETR:SDF) has been given a €20.00 ($23.81) price target by research analysts at Morgan Stanley in a note issued to investors on Wednesday, December 20th. The firm presently has a “neutral” rating on the stock. Morgan Stanley’s price objective would indicate a potential downside of 7.36% from the stock’s current price.
Other equities research analysts have also issued research reports about the stock. Goldman Sachs Group set a €20.40 ($24.29) target price on shares of K&S and gave the company a “sell” rating in a research note on Friday, September 1st. equinet set a €22.00 ($26.19) target price on shares of K&S and gave the company a “buy” rating in a research note on Wednesday, August 23rd. DZ Bank reissued a “neutral” rating on shares of K&S in a research note on Monday, October 9th. Nord/LB set a €24.00 ($28.57) target price on shares of K&S and gave the company a “buy” rating in a research note on Tuesday, October 10th. Finally, Baader Bank set a €20.00 ($23.81) target price on shares of K&S and gave the company a “sell” rating in a research note on Monday, October 9th. Four research analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of €22.14 ($26.36).
K&S (SDF) traded down €0.01 ($0.01) during trading on Wednesday, reaching €21.59 ($25.70). 906,856 shares of the company were exchanged, compared to its average volume of 1,130,000. The firm has a market cap of $4,130.00 and a price-to-earnings ratio of 26.99. K&S has a 1 year low of €18.92 ($22.52) and a 1 year high of €24.95 ($29.70).
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K&S Company Profile
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 crops, including cereals, corn, rice, and soy beans; fertilizers for crops; potassium and magnesium products for industrial applications; and health care and nutrition products for pharmaceutical, cosmetics, food processing, and animal feed industries.
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