K&S (ETR:SDF) PT Set at €13.70 by Morgan Stanley

Morgan Stanley set a €13.70 ($15.93) price target on K&S (ETR:SDF) in a report published on Wednesday, Borsen Zeitung reports. The brokerage currently has a sell rating on the stock.

Other equities research analysts also recently issued research reports about the stock. Deutsche Bank set a €17.00 ($19.77) price target on shares of K&S and gave the company a neutral rating in a research note on Friday, August 16th. Nord/LB set a €21.00 ($24.42) price target on shares of K&S and gave the company a buy rating in a research note on Thursday, August 15th. UBS Group set a €20.00 ($23.26) price target on shares of K&S and gave the company a buy rating in a research note on Monday, September 2nd. Berenberg Bank set a €17.00 ($19.77) price target on shares of K&S and gave the company a neutral rating in a research note on Friday, August 16th. Finally, Warburg Research set a €23.40 ($27.21) price target on shares of K&S and gave the company a buy rating in a research note on Wednesday, August 21st. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of €18.90 ($21.98).

K&S stock opened at €13.82 ($16.06) on Wednesday. The company has a market cap of $2.64 billion and a price-to-earnings ratio of 21.89. The firm’s fifty day moving average is €14.33 and its 200 day moving average is €15.97. 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 has a 52-week low of €13.15 ($15.29) and a 52-week high of €19.09 ($22.19).

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 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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