| Over a week ago | ||||
Jefferies initiated… Jefferies initiated coverage of K+S AG with a Buy rating and EUR 29 price target. The analyst says finding the new mid-cycle level is the main challenge in for the European fertilizer stocks. The firm currently has short-term preference for potash over nitrogen. Nitrogen is "structurally challenged," with the cost curve unlikely to improve in the medium term, the analyst tells investors in a research note. K+S is the firm's preferred play in the sector. | ||||
UBS analyst Patrick… UBS analyst Patrick Rafaisz lowered the firm's price target on K+S AG to EUR 21 from EUR 22 and keeps a Neutral rating on the shares. | ||||
| Over a month ago | ||||
Citi analyst Mubasher… Citi analyst Mubasher Chaudhry upgraded K+S AG to Neutral from Sell with a EUR 22 price target. The analyst thinks the new norm for the fertilizer market could be at higher levels compared to long-run averages, especially as the Russia-Ukraine conflict lingers. However, the equity markets "have moved rapidly to reflect the price dynamics and on a point-forward basis we see little reason to get excited," the analyst tells investors in a research note. | ||||
Deutsche Bank analyst… Deutsche Bank analyst Virginie Boucher-Ferte lowered the firm's price target on K+S AG to EUR 24 from EUR 26 and keeps a Hold rating on the shares. | ||||
| Over a quarter ago | ||||
Berenberg analyst Adrien… Berenberg analyst Adrien Tamagno raised the firm's price target on K+S AG to EUR 25 from EUR 23 and keeps a Hold rating on the shares. | ||||
JPMorgan analyst Chetan… JPMorgan analyst Chetan Udeshi lowered the firm's price target on K+S AG to EUR 26 from EUR 38 and keeps an Overweight rating on the shares. | ||||
Scotiabank analyst Ben… Scotiabank analyst Ben Isaacson downgraded K+S AG to Underperform from Sector Perform with a price target of EUR 23, down from EUR 26. The analyst sees potash price risk in Europe and investor sentiment point to the downside in coming quarters. He believes the shares will underperform until there is "signs of a bottom" in the potash market. | ||||
Baader Helvea analyst… Baader Helvea analyst Markus Mayer upgraded K+S AG to Buy from Add with a EUR 27 price target. | ||||
JPMorgan analyst Chetan… JPMorgan analyst Chetan Udeshi lowered the firm's price target on K+S AG to EUR 38 from EUR 44.50 and keeps an Overweight rating on the shares. | ||||
Societe Generale analyst… Societe Generale analyst Thomas Swoboda raised the firm's price target on K+S AG to EUR 23 from EUR 16 and keeps a Hold rating on the shares. | ||||
