K+S Aktiengesellschaft (OTCMKTS:KPLUF) Upgraded by Scotiabank to “Hold” Rating

Scotiabank upgraded shares of K+S Aktiengesellschaft (OTCMKTS:KPLUF) from a strong sell rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Separately, DZ Bank upgraded K+S Aktiengesellschaft from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 22nd. Two analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce”.

K+S Aktiengesellschaft Stock Performance

Shares of KPLUF opened at $16.80 on Tuesday. The company’s fifty day moving average is $17.56 and its 200 day moving average is $17.02. K+S Aktiengesellschaft has a fifty-two week low of $13.04 and a fifty-two week high of $21.20.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based specialty chemicals and fertilizer company with a primary focus on the extraction and production of potash and salt. The company traces its origins back to the late 19th century, when potassium mining began in the Werra district of central Germany. Today, K+S operates as an independent publicly traded enterprise, leveraging decades of experience in mineral resources to serve agricultural and industrial markets worldwide.

The company’s core business activities include the mining, processing and marketing of potash and magnesium products for use in crop nutrition, as well as the sale of salt for de-icing, water treatment and industrial applications.