SDF

DE000KSAG888

Agricultural Chemicals

Real-time Estimate Tradegate Other stock markets 07:35:59 2024-04-30 am EDT			5-day change	1st Jan Change
14.09 ^EUR	+3.43%		+1.48%	-1.47%

11:21am	K+S starts the year better than expected - share price rises	DP
Apr. 17	K+S : JP Morgan reiterates its Buy rating	ZD

Jefferies lowers target for K+S to 14 euros - 'Hold'

January 30, 2024 at 08:31 am EST

NEW YORK (dpa-AFX Broker) - The analyst firm Jefferies has lowered the price target for K+S from 15 to 14 euros and left the rating at "Hold". He expects fertilizer prices to remain weak and has therefore lowered his operating earnings estimate (EBITDA) for 2024, analyst Charlie Bentley wrote in a study published on Tuesday. With increasing price pressure, cash development could be negative. This would put the new dividend policy with a payout of 30 to 50 percent of cash inflow to the test./gl/ajx

Publication of the original study: 30.01.2024 / 05:40 / ET

First dissemination of the original study: 30.01.2024 / 05:40 / ET

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Latest news about K+S AG

K+S starts the year better than expected - share price rises	05:21am	DP
K+S : JP Morgan reiterates its Buy rating	Apr. 17	ZD
K+S : Deutsche Bank gives a Neutral rating	Apr. 11	ZD
Stifel Downgrades K+S to Sell from Hold, Trims PT	Apr. 11	MT
K+S: red on broker downgrade	Apr. 11	CF
K+S : Stifel downgrades its recommendation	Apr. 11	CF
K+S : UBS gives a Sell rating	Mar. 22	ZD
K+S : DZ Bank gives a Neutral rating	Mar. 21	ZD
K+S : Jefferies remains Neutral	Mar. 20	ZD
K+S : Deutsche Bank sticks Neutral	Mar. 19	ZD
Berenberg lowers target for K+S to 15.90 euros - 'Buy'	Mar. 19	DP
K+S : Buy rating from Berenberg	Mar. 19	ZD
K+S : Deutsche Bank reaffirms its Neutral rating	Mar. 15	ZD
Tranche Update on K+S Aktiengesellschaft's Equity Buyback Plan announced on May 16, 2023.	Mar. 15	CI
K+S : JP Morgan reiterates its Buy rating	Mar. 14	ZD
Transcript : K+S Aktiengesellschaft, 2023 Earnings Call, Mar 14, 2024	Mar. 14
K+S : UBS maintains a Sell rating	Mar. 14	ZD
K+S : Gets a Neutral rating from Warburg Research	Mar. 14	ZD
K+S : Baader Bank reiterates its Buy rating	Mar. 14	ZD
K+S : Jefferies gives a Neutral rating	Mar. 14	ZD
K+S: expects EBITDA between 500 and 650 ME in 2024	Mar. 14	CF
European shares hover near record-high levels; US economic data on tap	Mar. 14	RE
K+S presents business figures for 2023	Mar. 14	DP
K+S Aktiengesellschaft Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Mar. 13	CI
K+S Aktiengesellschaft Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 13	CI

Chart K+S AG

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Company Profile

K+S Aktiengesellschaft 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. The Potash and Magnesium 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. The Complementary Activities segment bundles together recycling activities, waste disposal, and reutilization in potash and rock salt mines and CATSAN and THOMAS granulation, as well as logistics services through K+S Transport GmbH and trading in different basic chemicals through Chemische Fabrik Kalk GmbH.

Sector

Agricultural Chemicals

Calendar

2024-05-12 - Q1 2024 Earnings Call

Related indices

STOXX EUROPE 600 (EUR) , MDAX

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Ratings for K+S AG

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.62 EUR

Average target price

15.46 EUR

Spread / Average Target

+13.46%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Agricultural Chemicals

	1st Jan change	Capi.
K+S AG	-1.47%	2.61B
CORTEVA, INC.	+15.82%	38.79B
PHOSAGRO	-.--%	10.98B
FMC CORPORATION	-4.50%	7.52B
PI INDUSTRIES LIMITED	+3.97%	6.81B
ICL GROUP LTD	-2.86%	6B
THE FERTILISERS AND CHEMICALS TRAVANCORE LIMITED	-11.24%	5.59B
OCI N.V.	-3.62%	5.66B
YUNNAN YUNTIANHUA CO., LTD.	+33.14%	5.26B
UPL LIMITED	-13.70%	4.56B

Other Agricultural Chemicals

K+S AG

Equities

SDF

DE000KSAG888

Agricultural Chemicals

Jefferies lowers target for K+S to 14 euros - 'Hold'

EPS Revisions