Zacks Investment Research upgraded shares of Compass Minerals International (NYSE:CMP) from a sell rating to a hold rating in a research note issued to investors on Monday.

According to Zacks, “Compass Minerals is a leading provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses, and specialty plant nutrition minerals that improve the quality and yield of crops. The company produces its minerals at locations throughout the U.S., Canada, Brazil and the U.K. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. “

CMP has been the subject of a number of other research reports. TheStreet upgraded Compass Minerals International from a c+ rating to a b rating in a report on Thursday, November 30th. Stifel Nicolaus reiterated a buy rating and set a $84.00 price target on shares of Compass Minerals International in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. Compass Minerals International has an average rating of Hold and an average price target of $73.60.

Shares of Compass Minerals International (NYSE CMP) opened at $68.25 on Monday. Compass Minerals International has a 12-month low of $59.72 and a 12-month high of $83.50. The company has a quick ratio of 1.18, a current ratio of 2.52 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of $2,310.00, a PE ratio of 16.06 and a beta of 0.54.

A number of institutional investors have recently bought and sold shares of the stock. Verity Asset Management Inc. bought a new position in Compass Minerals International during the fourth quarter worth about $205,000. Sigma Planning Corp bought a new position in Compass Minerals International during the fourth quarter worth about $245,000. California Public Employees Retirement System grew its holdings in Compass Minerals International by 6.1% during the fourth quarter. California Public Employees Retirement System now owns 66,512 shares of the basic materials company’s stock worth $4,805,000 after purchasing an additional 3,826 shares during the period. M&T Bank Corp bought a new position in Compass Minerals International during the fourth quarter worth about $275,000. Finally, River Road Asset Management LLC grew its holdings in Compass Minerals International by 2.4% during the fourth quarter. River Road Asset Management LLC now owns 892,475 shares of the basic materials company’s stock worth $64,481,000 after purchasing an additional 20,947 shares during the period.

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About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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