Sanford C. Bernstein Reiterates €22.00 Price Target for K&S AG (ETR:SDF)
K&S AG (ETR:SDF) received a €22.00 ($25.88) target price from analysts at Sanford C. Bernstein in a research note issued to investors on Monday, July 24th. The firm presently has a “neutral” rating on the stock.
Other research analysts also recently issued research reports about the stock. Goldman Sachs Group, Inc. (The) set a €20.40 ($24.00) target price on shares of K&S AG and gave the company a “sell” rating in a research note on Monday, May 29th. UBS AG set a €18.80 ($22.12) target price on shares of K&S AG and gave the company a “sell” rating in a research note on Friday, July 14th. J P Morgan Chase & Co set a €21.00 ($24.71) target price on shares of K&S AG and gave the company a “sell” rating in a research note on Wednesday, July 12th. DZ Bank AG reissued a “neutral” rating on shares of K&S AG in a research note on Saturday, May 20th. Finally, Commerzbank Ag set a €30.00 ($35.29) target price on shares of K&S AG and gave the company a “buy” rating in a research note on Monday, May 22nd. Five research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of €22.18 ($26.10).
K&S AG (SDF) traded down 0.668% during midday trading on Monday, hitting €19.767. 10,979 shares of the stock were exchanged. K&S AG has a one year low of €15.89 and a one year high of €24.93. The firm has a 50-day moving average price of €22.44 and a 200-day moving average price of €22.50. The stock has a market cap of €3.78 billion and a P/E ratio of 33.447.
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About K&S AG
K&S AG is a Germany-based salt producer and potash provider. The Company operates through three segments: Salt, Potash and Magnesium, and Complementary Activities. The Salt segment encompasses the production and marketing of food grade salt, industrial salt and salt for chemical use, de-icing salt and sodium chloride brine.
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