Deutsche Bank Reiterates €17.00 Price Target for K&S (ETR:SDF)

Deutsche Bank set a €17.00 ($19.77) price target on K&S (ETR:SDF) in a research note issued to investors on Friday, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

SDF has been the subject of a number of other research reports. Baader Bank set a €19.00 ($22.09) target price on shares of K&S and gave the company a buy rating in a research report on Thursday. Independent Research set a €18.70 ($21.74) target price on shares of K&S and gave the company a neutral rating in a research report on Wednesday, May 15th. UBS Group set a €21.00 ($24.42) target price on shares of K&S and gave the company a buy rating in a research report on Thursday. Nord/LB set a €21.00 ($24.42) price target on K&S and gave the company a buy rating in a research note on Thursday. Finally, JPMorgan Chase & Co. set a €14.50 ($16.86) price target on K&S and gave the company a sell rating in a research note on Thursday. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have issued a buy rating to the company. K&S currently has a consensus rating of Hold and a consensus price target of €19.96 ($23.20).

Shares of K&S stock opened at €13.61 ($15.83) on Friday. The firm has a 50-day moving average of €15.18 and a 200-day moving average of €16.34. The stock has a market cap of $2.60 billion and a PE ratio of 34.90. K&S has a 52-week low of €13.83 ($16.08) and a 52-week high of €21.06 ($24.49). The company has a debt-to-equity ratio of 82.64, a quick ratio of 1.07 and a current ratio of 1.65.

About K&S

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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Analyst Recommendations for K&S (ETR:SDF)

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