K+S Aktiengesellschaft (OTCMKTS:KPLUF) Stock Rated Hold in New Coverage at Zacks Research

Equities research analysts at Zacks Research initiated coverage on shares of K+S Aktiengesellschaft (OTCMKTS:KPLUF) in a report released on Wednesday, Zacks reports. The brokerage set a “hold” rating on the stock.

Separately, DZ Bank raised K+S Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, K+S Aktiengesellschaft currently has a consensus rating of “Moderate Buy”.

K+S Aktiengesellschaft Price Performance

Shares of OTCMKTS KPLUF opened at $14.95 on Wednesday. The business has a 50-day simple moving average of $17.97 and a two-hundred day simple moving average of $17.66. K+S Aktiengesellschaft has a fifty-two week low of $13.16 and a fifty-two week high of $21.20.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft is a Germany-based producer of mineral products, with its principal activities focused on fertilizers and salt. The company supplies potash and magnesium products used in agriculture, including fertilizers designed to support crop nutrition and improve soil management. K+S also produces and markets a broad range of salt products. These include de-icing salt for roads, industrial salt for manufacturing processes, food-grade salt, and salt for water treatment and other consumer applications.