K+S Aktiengesellschaft (OTCMKTS:KPLUY) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group initiated coverage on shares of K+S Aktiengesellschaft (OTCMKTS:KPLUY – Get Rating) in a research note issued to investors on Monday, The Fly reports. The firm issued a buy rating on the stock.

Several other research analysts have also issued reports on KPLUY. JPMorgan Chase & Co. cut their target price on shares of K+S Aktiengesellschaft from €38.00 ($40.86) to €26.00 ($27.96) in a research report on Monday, November 21st. Berenberg Bank upped their price target on shares of K+S Aktiengesellschaft from €23.00 ($24.73) to €25.00 ($26.88) in a research report on Monday, November 28th. Finally, Citigroup upgraded shares of K+S Aktiengesellschaft from a sell rating to a neutral rating in a research report on Thursday, February 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, K+S Aktiengesellschaft has a consensus rating of Hold and an average price target of $29.63.

K+S Aktiengesellschaft Trading Down 3.3 %

Shares of OTCMKTS:KPLUY opened at $10.77 on Monday. K+S Aktiengesellschaft has a 52-week low of $9.01 and a 52-week high of $19.26. The firm has a fifty day moving average of $11.44 and a 200 day moving average of $10.90.

About K+S Aktiengesellschaft

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K+S AG is a holding company, which engages in the business of mining and processing of mineral raw materials. It offers mineral products for markets including agriculture, industry, consumers, communities, waste management, and transportation and logistics. The company was founded in 1889 and is headquartered in Kassel, Germany.