K+S (ETR:SDF) Upgrade of Rating
In a research report published on Friday morning, Hauck & Aufhäuser Privatbankiers KGaA has raised K+S (ETR:SDF) stock to “Buy” and has set a 12month price target at EUR 44.50. Hauck & Aufhäuser Privatbankiers KGaA’s target is 43.69% from SDF’s last price.
The firm’s rating upgrade is well received by stock speculators, as ETR:SDF is now trading 3.39% higher at EUR 30.94 as of 04:38 Frankfurt time. K+S’s stock is up 36.45% in the past 200 days. It has outperformed the S&P500 Index, which has decreased -3.31% in the same time.
K+S (ETR:SDF) Profile
K&S AG is a Germany-based holding company which is active in the chemical sector. The Company divides its activities into three business segments. The Potash and Magnesium Products segment combines the production and marketing of potash fertilizers and fertilizer specialties as well as potash and magnesium compounds for technical, industrial and pharmaceutical applications.
K+S (ETR:SDF) traded up 3.39% on 2 October, hitting EUR 30.94. A total of 2.66 million shares of the company’s stock traded hands. This is up from average of 1.93 million shares. K+S has a 52 week low of EUR 19.12 and a 52 week high of EUR 40.18. The company has a market cap of 5.82 billion EUR and a P/E ratio of 12.68.
